1. Accountants refer to an economic event as aa. purchase.b. sale.c. transaction

1. Accountants refer to an economic event as aa. purchase.b. sale.c. transaction.d. change in ownership.2. The use of computers in recording business eventsa. has made the recording process more efficient.b. does not use the same principles as manual accounting systems.c. has greatly impacted the identification stage of the accounting process.d. is economical only for large businesses.3. Which of the following is an external user of accounting informationa. Labor unionsb. Finance directorsc. Company officersd. Managers4. The origins of accounting are generally attributed to the work ofa. Christopher Columbus.b. Abner Doubleday.c. Luca Pacioli.d. Leonardo da Vinci.