It is generally belived that Accounting history is traced to
· Luca Pacioly
· Luca Pacioli
· Luka Pacific
· Luci Pandy
The reasons for harmonisation of accounting standards include the following except one
Debentures
Causes of international accounting differences include but exclude one
· Culture, legal, taxation and providers of capital
· Culture, taxation, legal, providers of finance and creditors
· Taxation, Income statement, Inventory and legal
· All of the above
Obstacles for harmonization of accounting standards include but except one
· Lack of expertise
· Lack of international regulatory agency
· Unwillingness of countries
· IFRS and FRCN
International Accounting as a concept is defined as the process o—–, collecting, recording, classifying, verifying, summarizing, interpreting and communicating financial information to various users
· Quantifying
· Testifying
· Calculating
· Identifying
The Nigeria Accounting Standard Board (NASB) was established in
· 1980
· 1981
· 1982
· 1983
What is the full meaning of FRCN
· Federal Road Council of Nigeria
· Federal Radio Corporation of Nigeria
· Financial Reporting Council of Nigeria
· Financial Reporting Committee of Nigeria
The history of Accounting can be traced to the year
· 1394
· 1494
· 1594
· 1694
IASC means
· International accounting scheme committee
· Internal accounting standard Committee
· International Income Accounting committee
· International accounting standard committe
Factors influencing Accounting development include, except one
· External finance
· Legal system
· IFRS
· Level of inflation
