Question

transactions between the entity and other 9 | DA ed 0.ba hegens w、tn

Answer 1

18) Financial statement ratios support informed judgments and decision making most effectively when is

D) when viewed for a single year.

Why because when comparing entity financial ratios with industry ratios it should be assumed that the data result from the consistent application of alternative accounting methods.

19) During the 1970 to 1980 period the operational as a govt body to established standards approvals to govt conduct

D) CASB

20) The booking keeping accounting process begin with

c) Transactions

The booking keeping accounting process begin with these four steps are the part of the accounting process used to record individual business transactions in the accounting records. The remaining steps in the accounting process are used to aggregate all of the information created in the preceding steps, and present it in the format of financial statements.