
ACCT - CAREERS, ETHICS, & RULES
Authored by Kelly Burdick
Life Skills
9th - 12th Grade
Used 1+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a white collar crime?
embezzlement
pump & dump
Ponzi scheme
assault & battery
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which user might look at your accounting records and decide whether or not to give you a business loan?
IRS
the bank
stockholders
management
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you work as a private accountant, you:
do accounting for one company
provide your accounting services to the public
prepare accounting records for several companies
must be a CPA
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The rules of the accounting are known as:
FASB
CPA
IRS
GAAP
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are penny stocks?
shares of stocks of large companies
shares of stocks of small companies selling for under $5
stocks that cost under $1
safe, no-risky investments
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When accountants falsify the accounting records, this is known as:
Ponzi scheme
securities fraud
insider trading
cooking the books
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Walmart is an example of this type of business:
service
merchandising
sole proprietorship
manufacturing
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