Various questions

Who is the father of accounting ?

• Luca Pacioli
• John Maynard Keynes
• Karl Marx
• Adam Smith

what is double entry system?

• A method that records transactions in a single account.
• An accounting system that only tracks cash flow.
• A system that eliminates the need for financial records.
• The double entry system is an accounting method that records each transaction in two accounts, maintaining balance in the financial records.
• none of the above

what is financial statements?

• Financial statements are only used for tax purposes.
• Financial statements are only relevant for large corporations.
• Financial statements are informal notes about spending.
• Financial statements are formal records of the financial activities and position of an entity.
• Financial statements are personal budgets created by individuals.

Identify the mount Everest from below images

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who is this person?

• Martin Luther King Jr.
• Malcolm X
• Rosa Parks
• Nelson Mandela