Page 2 - HA
P. 2
12. _______ is that Branch of accounting which is concerned with recording of
business transactions of financial nature in a systematic manner
13. _______ is that Branch of accounting which is concerned with presenting
the accounting information in such a manner that help the management
14. _______ is that Branch of accounting which is concerned with
ascertainment of total cost and per unit cost of goods
15. State and explain the advantages of Accounting
16. State 4 qualitative characteristics of Accounting