(http://basiccollegeaccounting.com). “Dedicated to helping Students & Teachers”. NOTE: 110 Questions & Answers on True Or False on Accounting Basics. ACCOUNTING CONCEPTS & DOUBLE ENTRY SYSTEM. True. False. 1. Accounting Principle is general law or rule followed in the preparation of financial statements.
Source: 110 questions(with answers) on accounting basics free e-book
what is a hix member