Which of the following groups may be considered to be stakeholders in the activities of a nuclear power station.

(i) The government

(ii) Environmental pressure groups

(iii) Employees

(iv) Local residents

• (i), (iii), (iv)

• (i), (ii), (iii), (iv)

• (iii) only 

• (i) and (iii) only

All of the following are function of accounting, except

• Decision making

• Measurement

• Forecasting

• Ledger posting

Double entríe in accounting means there must be…….entries for every transaction

• 2

• 6

• 3

• 1

Which of the following would not be considered as internal users of accounting (A) data for a company?

• External auditor

• CEO of the company

• President of the company

• Salesman of the company

The process of identify, classify, recording, and communicating bz transaction is called as book-keeping

• True

• False

Users of A information include

• Creditors

• Lenders

• Customers

• All of the above

Book keeping is mainly concerned with

• Recording of financial data

• Designing the system in recording, classifying, and summarizing the recorded data

• Interpreting the data for internal and external users

• None of the above

Summary of assets and liabilities

• Trading account

• Balance sheet

• Profit and loss account

• Income and expenditure account

Planning, recording, analyzing and interpreting financial inf

• Accounting

• Ethics

• Transaction

• revenue

Which of the fl is NOT a bz transaction?

• Bought furniture of 10000 for bz

• Paid for salary of employees 5000

• Paid son’s fee from her personal bank account 12000

• Paid son’s fee from bz 12000