What are the names of the three functions of accounting

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Question - Coughlin Motors is considering a project with the following expected cash flows: Year Project Cash Flow 0 -$700 million 1 200 million 2 370 million 3 225 million 4 700 million The project's WACC is 10 percent. What is the project's discounted payback? EFG Ltd is considering two possible projects but can only raise enough funds to proceed with one of them. Investment appraisal techniques have been used and the following results found: Project W Project X Payback Period 3.8 Years 2.8 Years Accounting Rate of Return 16% 14% Net Present Value Rs. 880,000 Rs. 610,000 ABC Ltd is considering undertaking a project, which will involve an initial outlay of Rs.3,00,000. The project has the following cash flows associated with it: '000 Year 1 cash inflows 100 Year 2 cash inflows 150 Year 3 cash inflows 200

1. What are the names of the three functions of accounting?

2. In the past, what was the scope of accounting?

3. What kind of science is accounting?

4. Who is the father of accounting and who was he?

5. What makes an organization trustworthy to a third party and plays the most important role in creating accountability?

6. What are the requirements of accounting for internal users?

7. ____________is the basis for different types of decision making in the management of the organization.

8. What is the name of the most recent addition to accounting improvement?

9. Is the part of accounting that only records economic events?

Reference no: EM133003292

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