CHAPTER 1

THE DEVELOPMENT OF THE ACCOUNTING PROFESSION

1-1

1. e 6. f
2. a 7. i
3. g 8. a
4. b, d 9. c, b
5. f 10. h


1-2

1. G 6. F 11. N
2. J 7. D 12. entity concept
3. Q 8. A 13. U
4. O 9. E 14. H
5. S 10. I 15. P


MULTIPLE CHOICE QUESTIONS

Theory

MC1 C MC11 A MC21 C
MC2 D MC12 C MC22 C
MC3 B MC13 C MC23 B
MC4 B MC14 D MC24 C
MC5 B MC15 C MC25 C
MC6 C MC16 A MC26 A
MC7 B MC17 C MC27 D
MC8 C MC18 D MC28 C
MC9 A MC19 D MC29 D
MC10 C MC20 C MC30 A