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Which of the following is a not revealed by a firm’s accounting records?

Which of the following is a not revealed by a firm’s accounting records?

  • A.
    Profit of a period
  • B.
    Quality of labour force
  • C.
    Credit worthiness
  • D.
    Value of assets
Correct Answer: Option B
Explanation

Accounting records include records of assets and liabilities, monetary transactions, ledgers, journals and any supporting documents such as checks and invoices. The firm quality of labour force isnt included in an acounting record.