Introduction to Accounting Three Marks Questions

11th Standard

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Accountancy

Time : 00:45:00 Hrs
Total Marks : 30
    10 x 3 = 30
  1. Explain the meaning of accounting

  2. Discuss briefly the branches of accounting.

  3. Discuss in detail the importance of accounting

  4. Why are the following parties interested in accounting information?
    (i) Investors
    (ii) Government

  5. Discuss the role of an accountant in the modern business world.

  6. "The role of accounting has changed over the period of time". Do you agree?

  7. 'Accounting information should be comparable'. Do you agree with this statement? Give two reasons.

  8. Describe the various steps involved in accounting process?

  9. Explain the importance of Human resource accounting and social responsibility accounting in business.

  10. Evolution of accounting results in modern accounting approach - explain.

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