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Test Bank Fundamental Accounting Principles 22nd Edition by Wild, Shaw, Chiappetta
Test Bank Fundamental Accounting Principles 22nd Edition by Wild, Shaw, Chiappetta 
Chapter 01 
Accounting in Business 
 
 
True / False Questions 
 
1.	Accounting is an information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization's business activities. 
 
True False 
 
2.	Bookkeeping is the recording of transactions and events and is only part of accounting. 
 
True False 
 
3.	A...