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. c, b
5. f 10. h
1-2
1. G 6. F 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
MC1 C MC11 B MC21 C
MC2 D MC12 C MC22 C MC31 A
MC3 B MC13 B MC23 C MC32 C
MC4 B MC14 C MC24 B MC33 A
MC5 B MC15 D MC25 C MC34 A
MC6 C MC16 C MC26 C
MC7 B MC17 A MC27 A
MC8 C MC18 C MC28 A
MC9 A MC19 D MC29 C
MC10 C MC20 D MC30 D