Which of the following is not a business transaction?

Deepti wants to buy a building form her business today. Which of the following is the relevant data for his decision?

Which is the last step of accounting as a process of information?

Which qualitative characteristics of accounting information is reflected when accounting information is clearly presented?

Use of common unit of measurement and common format of reporting promotes;

______________ users are groups outside the business entity, who uses the information to make decisions about the business entity.

Information is said to be relevant if it is _____________

The process of accounting starts with _____________ and ends with ________________

Accounting measures the business transactions in terms of ____________ units.

Identified and measured events should be recording in ____________ order.

Write any one limitation of accounting.

Mention the branches or sub-disciplines of accounting.

What do you mean by financial accounting?

What is the main task of financial accounting?

What is the main task of cost accounting?

Explain the characteristics (features) of the accounting.

"Only financial transactions are recorded in Accounting." Explain.

Explain three functions of accounting.

Explain, in brief, the advantages of accounting.

State any two advantages of Accountancy.

Explain the development and role of accounting.

Explain in brief, the limitations of financial accounting.

Define the term Accounting. Explain in brief any four objectives of Accounting.

Describe the role of accounting in the modern world.