Study

FABM

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  • What do you mean by publicans?
    Public Contractors
  • Who is the Father of Modern Accounting?
    Luca Pacioli
  • What nature of accounting that describes accounting is a compose of multiple steps that lead to a common end goal​.
    Accounting is a process
  • What do you mean by rationarium?
    Account
  • Give the core values of accountants
    Competence,​ Continuing Lifelong Learning,​ Objectivity,​ Integrity​,  Attuned to Broad Business Issues
  • A number of history suggest that the early development of accounting can be dated back to ___________________.
    Ancient Mesopotamia.
  • The language of business
    Accounting
  • What nature of accounting that means entails creativity and skills to help us attain some objectives
    Accounting is an art
  • Involves the planning, organizing, leading, and controlling of resources (human, financial, and material) to achieve organizational goals efficiently and effectively.
    Management
  • This artifact considered by experts as stage of record keeping the beginning of the art of writing.
    Bulla or Bullae
  • What do you mean by aerarium?
    Treasury
  • Refers to an organized activity that involves the production, distribution, and sale of goods or services to satisfy human needs and wants, with the aim of earning profit.
    Business
  • What term used to determine to any organization that uses resources to achieve its goal
    Economic Entity
  • What are the core competencies of accountants?
    Communication Skills​ Leadership Skills​ Strategic and Critical Thinking Skills​ Ability to Focus​ Ability to Interpret Converging Information​ Adeptness t
  • The systematic process of identifying, recording, and communicating financial information to stakeholders for informed decision-making.
    Accounting