HISTORY OF ACCOUNTING

Accounting origin started with simple drawing on rocks, caves or cutting into trees.

• true

• false

Ancient accounting method by the Mesopotamian

• clay tablets

• abacus

• coins

• clay tokens

The father of accounting is

• Leonardo da Vinci

• Luca Pacioli

• Benedetto Cotrugli

• Carl Linaeus

Summa de Arithmetica, Geometria, Proportioni et Proportionalita is consists of how many chapters

• 32

• 26

• 38

• 36

In Mesopotamian civilization they are the equivalent of the present-day accountants

• bookkeeper

• esquire

• scribes

• mathematician

A shift from traditional to modern technology which resulted to a fast and more productive task.

• Industrial Revolution

• Information Age

• Mechanical Age

• Middle Age

The birth of double-entry accounting begins in ____

• Ancient Period

• Industrial Revolution

• Middle Age

• Information Age

Accounting method discovered by the Sumerians

• abacus

• papyrus

• clay tablet

• clay stones

Recording the financial transactions of a business in a chronological and systematic manner

• bookkeeper

• accounting

• bookkeeping

• accountant

The art of recording, classifying, summarizing and interpreting the result of financial transaction through monetary terms

• accounting

• accountant

• bookkeeping

• bookkeeper