Q: Choose the correct answer

Income is considered one of the most important items in financial statements because:

a-Investment Guide

b-Scope for determining accounting policies

c-The intellectual premise of honest representation

d-Application for the basis of the interview

2- The name Of Luke Basiloli of Italy is linked to the following:

a-Money

b-The Art of Writing

c- Record-keeping system

d-Trade

3- The concepts of continuity, periodicity and entitlement appeared at the stage of:

a-Asset processing phase

b-Industrial Revolution

c-Expand ing the dual-entry circuit

d-The evolution of financial statements

4- The process of determining taxable income is concentrated within the stage of:

a-Organizations stage

b-Politicization

c-Career contribution stage

d-Management phase

5- The use of an integrated system of interrelated accounts made it possible for the capitalist owner to:

a-Separation of ownership from management

b-Profit is rational.

c-Expansion of activity

d-Formulating a concept of capital

6- Accounting provides financial statements, fact sheets, press releases and analyst meetings to: A- Clients B- Capital Processors C- Community D- Lenders.

Capital processors

Customer

Community

Lenders

7- Any of the following features do not fall within the features of good accounting practice:

a-The honesty and honesty of the auditor

b-Inform ing the public about economic practices

c- Believe it or the accountant's honesty

d-Understanding the components of the intellectual framework of accounting

8- The method that focuses on current and future economic events falls under the consideration of the nature of accounting

a-As a dogma.

b-As a historical record.

c-As a language

d-As an economic reality.

9- Any of the following entrances are not considered among the traditional entrances:

a-The moral entrance.

b-The entrance to the events

c-Social portal

d-Economic portal

10- The formulation of accounting objectives depends on the existence of an understanding and solution to the contradictory interests based on the information market, so financial disclosures are intertwined with the interests of the following major categories:

a-Management, users and profession

b- Users, profession and lenders

c-Shareholders, profession and lenders

d-Public, management and lenders

Q/ TRUE-FALSEConceptual

The historical cost model is one of the fair value models:

True

False

2- The method of net value of collection depends on the prices of the output market and takes the value of the time dimension associated with the present:

True

False

3- One of the disadvantages of the adjusted historical cost is the use of the special price index, which leads to inaccurate results, because economic units are often affected by inflation related to the assets they use and deal in.

True

False

4- Theory is a system or a blueprint of ideas or an list of interpretations or a collection of facts or phenomena - assumptions that have been proven or established through observation or experience and have become facts or are a list of general laws or principles or cases of known things

True

False

5- The need for theory stems from the need for a logical basis to interpret what accountants do and the theory is completed by verifying the sincerity of the theory.

True

False

6- Through financial statements, various economic activities are reported using the accounting language.

True

False

7- The concept of care and protection fundamentally reflects the relationship between the client and the agent

True

False

8- The inductive logic begins to build any theory with observations and measurements and ends with special conclusions.

True

False

9- The introspective approach begins with general assumptions, but the formulation of assumptions is always made through inductive logic.

True

False

10. From the introspection. Ijiri, patton, littelton

True

False

the subject accounting