Accounting

Accounting is Language of what?

• Basic Accounting

• Accounting

• Business Risk

• Accounting Develop

He is know as the father of Accounting?

• Fr.Luca Pacioli

• Lucca Paciolli

• Luca Pacioli

• Fr.Pacioli

It is balancing your daily expenditures against your limited earning or money is a difficult feat, And it will help you to prepare the budget?

• risk

• On a personal level

• On a business level

• Owner and investors

How was the accounting develop?

• The earliest accounting system found as early as 2000 BC in the cities of Babylonia,Greece,Egypt in 3500 in Assyria

• The earliest accounting system found as early as 3500 BC in the cities of Babylonia,Greece,Egypt in 2000 in Assyria

• The earliest accounting system found as early as 4000 BC in the cities of Babylonia,Greece,Egypt in 2000 in Assyria

• The earliest accounting system found as early as 2000 BC in the land of Babylonia,Greece,Egypt in 3500 in Assyria

What do you mean by business?

• It is define as economic activity of buying and selling in order to obtain capital

• It is define as economic activity of buying and selling in order to obtain huge income and salary

• It is define as economic activity of buying and selling in order to obtain business income

• It is define as economic activity of buying and selling in order to obtain profit

This is an element of uncertainty in an outcome?

• Investors

• Sole proprietorship

• Risk

• Owner

What are the two sources of CAPITAL?

• Owner and partnership

• Owner or investors and borrow

• Investors and corporation

• Corporation and investors

It is _________ the easiest and simplest form of business organization?

• Sole proprietorship

• Partnership

• Corporation

• Cooperatives

This is manage by 15 or more members of the business?

• Partnership

• Sole proprietorship

• Corporation

• Cooperatives

It is defined as the contracts where by 2 or more people combine themselves to contribute?

• Partnership

• Sole proprietorship

• Corporation

• Cooperatives