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HISTORY OF ACCOUNTING

Total questions: 11

Worksheet time: 8mins

Name
Class
Date
1.

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

a)

true

b)

false

2.

Ancient accounting method by the Mesopotamian

a)

clay tablets

b)

abacus

c)

coins

d)

clay tokens

3.

The father of accounting is

a)

Leonardo da Vinci

b)

Luca Pacioli

c)

Benedetto Cotrugli

d)

Carl Linaeus

4.

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

a)

32

b)

26

c)

38

d)

36

5.

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

a)

bookkeeper

b)

esquire

c)

scribes

d)

mathematician

6.

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

a)

Industrial Revolution

b)

Information Age

c)

Mechanical Age

d)

Middle Age

7.

The birth of double-entry accounting begins in ____

a)

Ancient Period

b)

Industrial Revolution

c)

Middle Age

d)

Information Age

8.

Accounting method discovered by the Sumerians

a)

abacus

b)

papyrus

c)

clay tablet

d)

clay stones

9.

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

a)

bookkeeper

b)

accounting

c)

bookkeeping

d)

accountant

10.

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

a)

accounting

b)

accountant

c)

bookkeeping

d)

bookkeeper

11.

Write 3 sentences why Accounting is important since ancient times up to this day.

4 lines