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    Entrepreneurial Small Business
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    Exam 12: Small Business Accounting: Projecting and Evaluating Performance
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    _____ Is a Formal,rule-Based Set of Accounting Principles and Procedures
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_____ Is a Formal,rule-Based Set of Accounting Principles and Procedures

Question 67

Question 67

Multiple Choice

_____ is a formal,rule-based set of accounting principles and procedures intended for use by outside owners,investors,banks,and regulators.


A) Tax accounting
B) Managerial accounting
C) Financial accounting
D) Forensic accounting

Correct Answer:

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