CHAPTER 1

THE DEVELOPMENT OF THE ACCOUNTING PROFESSION

1-1.

1. e 6. f
2. a 7. i
3. g 8. a
4. b, d 9. b, c
5. f 10. h

1-2.

1. g 6. f, l 11. o
2. k 7. d 12. h
3. r 8. a 13. u
4. p 9. e 14. i
5. t 10. j 15. q

MULTIPLE CHOICE QUESTIONS

Theory

MC1 C MC11 C MC21 C MC31 C

MC2 D MC12 C MC22 B MC32 A
MC3 A MC13 B MC23 B MC33 A
MC4 C MC14 C MC24 C
MC5 D MC15 A MC25 A
MC6 D MC16 C MC26 D
MC7 B MC17 D MC27 C
MC8 D MC18 A MC28 D
MC9 C MC19 C MC29 A
MC10 B MC20 C MC30 A