1.

Is root cause for financial accounting1 point(a) Stewardship accounting(b) Social accounting(c) Management accounting(d) Human resource accounting

Answer»

Answer:

STEWARDSHIP accounting (a)

Explanation:

In its oldest form, accounting aided the STEWARDS to discharge their stewardship function. The wealthy men employed STEWARD to manage their property; the steward in return RENDERED an account periodically of their stewardship. Thus 'Stewardship Accounting' was the root of FINANCIAL accounting system.



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