The revenue, expense, and drawing accounts are ______ used in classifying and summarizing changes in capital during the accounting period.A.temporary accountsB.permanent accountsC.income summaryD.terminal accounts
The revenue, expense, and drawing accounts are ______ used in classifying and summarizing changes in capital during the accounting period.
A.temporary accounts
B.permanent accounts
C.income summary
D.terminal accounts
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听力原文:M: Accounting controls refer to plans, procedures and records required for safeguarding assets and producing reliable financial accounts.W: Yes. Accounting controls are important elements of a bank's internal control system, the soundness of which is vital for bank's survival.Q: What are the important elements of a bank's internal control system?(15)A.Accounting basis.B.Cash basis accounting.C.Accounting control.D.The chart of accounts of a bank.
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___ is the recording, classifying, summarizing and interpreting of financial events and transactions that affect a business firm. A.AccountingB.MarketingC.FinancingD.Banking
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