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Question Practice

Who defined accounting as 'the art of recording, classifying, and summarising' transactions?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Introduction to Accounting
Question Bank

Who defined accounting as 'the...

Single Answer MCQ
Q-00053705

Who defined accounting as 'the art of recording, classifying, and summarising' transactions?

1

American Accounting Association

2

AICPA

3

Accounting Principles Board

4

Financial Accounting Standards Board

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