MAN1107 PRETEST WK9 89-100

MAN1107 PRETEST WK9 89-100

11th Grade

12 Qs

quiz-placeholder

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MAN1107 PRETEST WK9 89-100

MAN1107 PRETEST WK9 89-100

Assessment

Quiz

Business

11th Grade

Hard

Created by

Pamala Smith

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Important provisions of the Sarbanes-Oxley Act: 

require the CEO and CFO of corporations to certify the accuracy of financial reports.
encourage the destruction of financial documents to minimize identity theft.
approve corporate loans to directors of the company.
encourage outside CPA firms to deliver several services to their clients, including auditing services and consulting services.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________ is the accounting practice of recording each transaction with a debit and a credit in the accounting journal. 

Trial balancing
Double-entry bookkeeping
Account matching
Entry duplication

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The __________ is an accounting statement that reports the financial condition of a firm at a specific point in time. 

balance sheet
income statement
statement of cash flows
trial balance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which financial statement reports the company's revenues and selling costs over a period of time?

trial balance
income statement
statement of cash flows
balance sheet

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are credit bureaus discussed in the book except:

TransUnion
Credit USA
Experian
Equifax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the largest contributor to your FICO score?

Payment History
Length of Credit History
Amount of Credit Owed
Types of Credit Used

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are types of Bonds discussed in the book except: 

Corporate
Treasury
Private
Municipal

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