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(que 1) describe four nature of accouning .
Answers
Answer:
Explanation:
∆ Though different professional accounting sources may divide accounting careers into different categories, the four types listed here reflect the accounting roles commonly available throughout the profession. These four branches include corporate, public, government, and forensic accounting.
∆ Definition of Accounting: The Accounting Process as the process of Analyzing (Identifying business transactions); Classifying); (Determining the specific accounts involved and deciding whether the accounts should be increased or decreased); Recording (Listing the details in a permanent record (either in writing or electronically).
∆ Accounting is a service activity. Its function is to provide quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions, in making reasoned choices among alternative courses of action.
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Answer:
In the first law, an object will not change its motion unless a force acts on it. In the second law, the force on an object is equal to its mass times its acceleration. In the third law, when two objects interact, they apply forces to each other of equal magnitude and opposite direction.
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