Matching
Match each definition to its term
Premises:
An information and measurement system that identifies records and communicates relevant, reliable and comparable information about an organization's business activities
The use of resources to research, develops, purchase, produce, distribute and market products and services
. The acquisition and disposing of resources that an organization uses to acquire and sell products and services
The idea that accounting information is based on actual cost
Provide the means organizations use to pay for resources such as land, buildings and equipment to carry out plans
Persons using accounting information who are not directly involved in the running of the organization
The part of accounting that involves recording transactions and events, either electronically or manually
Beliefs that distinguish right from wrong
Persons using accounting information who are directly involved in managing the organization
Concern for the impact of actions on society
Responses:
Accounting
Recordkeeping
External users
Internal users
Operating activities
Investing activities
Financing activities
Ethics
Social responsibility
Cost principle
Correct Answer:
Premises:
Responses:
An information and measurement system that identifies records and communicates relevant, reliable and comparable information about an organization's business activities
The use of resources to research, develops, purchase, produce, distribute and market products and services
. The acquisition and disposing of resources that an organization uses to acquire and sell products and services
The idea that accounting information is based on actual cost
Provide the means organizations use to pay for resources such as land, buildings and equipment to carry out plans
Persons using accounting information who are not directly involved in the running of the organization
The part of accounting that involves recording transactions and events, either electronically or manually
Beliefs that distinguish right from wrong
Persons using accounting information who are directly involved in managing the organization
Concern for the impact of actions on society
Premises:
An information and measurement system that identifies records and communicates relevant, reliable and comparable information about an organization's business activities
The use of resources to research, develops, purchase, produce, distribute and market products and services
. The acquisition and disposing of resources that an organization uses to acquire and sell products and services
The idea that accounting information is based on actual cost
Provide the means organizations use to pay for resources such as land, buildings and equipment to carry out plans
Persons using accounting information who are not directly involved in the running of the organization
The part of accounting that involves recording transactions and events, either electronically or manually
Beliefs that distinguish right from wrong
Persons using accounting information who are directly involved in managing the organization
Concern for the impact of actions on society
Responses:
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