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DFA9054 FINANCIAL ACCOUNTING 11 NOVEMBER 2021 Part B Answer the following independent questions, (a) Accounting...

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Accounting

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DFA9054 FINANCIAL ACCOUNTING 11 NOVEMBER 2021 Part B Answer the following independent questions, (a) Accounting involves three main processes and Bookkeeping falls under one of the processes. Briefly explain the THREE (3) accounting processes and classify the category of which Bookkeeping falls in (2 marks) (b) There are two main users who use financial information in decision making. Identify the TWO (2) main users and provide any TWO (2) examples for each of the users. (4 marks) (Total: 25 marks)

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