Introduction to Accounting
Quiz by Guerline Joseph
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A process which involves the collecting, recording and summarizing of financial data.29
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A process which involves the collecting, recording and summarizing of financial data.
Who is known as the 'Father of Accounting'?
A business structure which has more than 100 owners.
This involves the analyzing and interpreting of financial information.
Another name for a limited company is ___________.
One major advantage of owning this type of business is that the owner has freedom to make all decisions.
Clubs and associations are examples of __________.
These can be either publicly or privately owned and operated
The two types of cooperatives are:
personal and impersonal
limted and unlimited
worker and consumer
private and public30s
The Bahamas Power & Light Company (BPL) is an example of a ___________.
Which of the following is a non-profit organization?
Bahamas Mortgage Corporation
Teacher's Cooperative Union
Bahamas Humane Society30s
How many persons make up a partnership?
up to 100
more than 100
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