Comprehensive Final Flashcards
1
Q
Accounting consists of three basic activities which are related to economic events of an organization. These include:
A
identifying, recording and communicating.
2
Q
Which of the following would NOT be considered an internal user of accounting data for the GHI company?
A
President of the employees’ labor union.
3
Q
Which of the following would NOT be considered an external user of accounting data for the GHI company?
A
Management
4
Q
The first step in solving an ethical dilemma is to…
A
Identify ethical concerns
