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Fully integrated with the book, providing numerical exercises, multiple choice questions, videos, flashcards and further exercises for practice and revision.
Summaries of key concepts
Multiple Choice Questions
Go back over this again
- Exercise 1.1 - What Is Accounting? Sole traders
- Exercise 1.2 - Partnerships
- Exercise 1.3 - Types of business organization
- Exercise 1.4 - Private and public limited companies
- Exercise 1.5 - What is Accounting? Example 1
- Exercise 1.6 - What is Accounting? Example 2
- Exercise 1.7 - Accounting definition
- Exercise 1.8 - Control, accounting and accountability
- Exercise 1.9 - Relevance, faithful representation, comparability, verifiability, timeliness and understandability
- Exercise 1.10 - Cost v. benefit
- Exercise 1.11 - The users of accounting information