1. The purpose of accounting is to provide financial information about the current operations and financial conditions of a business to individuals and organizations. a. True b. False ANSWER:   True POINTS:   1 DIFFICULTY:   Easy QUESTION TYPE:   True / False HAS VARIABLES:   False LEARNING OBJECTIVES:   COLL.HEIN.17.01 - LO 1-1 ACCREDITING STANDARDS:  AICPA FN-Measurement BUSPROG: Analytic TOPICS:   ACBSP: APC-01-Purpose KEYWORDS:   Bloom's: Remembering NOTES:   1 min. DATE CREATED:   9/6/2018 11:25 AM DATE MODIFIED:   9/6/2018 11:25 AM QUESTION ID:   JFND-GO4N-GO3R-EPBU QUESTION GLOBAL ID:  GCID-E7BW-1TBP-CCHD-CQDF-8FTG-GA3A-8YAN-4C3W-GPO1-43UG-CE4N4CDD-CRA1-4A5G-CF1D-RCJZ-GJDI-GWN8-EPRW-EMJT-GF1U-GPBI-G3UDRPMB-COSS-KP31-CRSU-CATU-GOSU-Q3UR-GCSU-CA33-GOAD-OA5G-E7JIYT4D-JFNN-4OTI-GO4W-NQNBEE