You want to determine whether you can afford to obtain a new bank loan.  In this regard, you need information on your average monthly sales and collections.  What branch of accounting and related service could provide you with this information?

You want to determine the amount of profit your business has earned during the month of April 20x1.  What branch of accounting and related service could provide you with this information?

You are required by the government to pay tax.  What branch of accounting and related service could help you with this?

You are required by the government to maintain appropriate bookkeeping records for your business.  What branch of accounting  and related service could help you with this?

You determined that you can afford to obtain the bank loan in #1 above.  The bank requires you to submit audited financial statements of your business.  What branch of accounting and related service could help you with this?

Your business sells ten products.  You want to determine the cost of each of the products to help you price them more competitively.  What branch of accounting and related service could help you with this?

In our accounting definition, what are the accounting activities in correct order?

Accounting is a service activity because it provides _______________________ information

Accounting is a discipline because it is being bounded by a ____________________

Who is the father of accounting?