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POA_Chapter 5: Accounting Period (2020)

Authored by Mei Chia Teo

Other

9th - 10th Grade

Used 6+ times

POA_Chapter 5: Accounting Period (2020)
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________________ theory states that a business is assumed to have indefinite economic life unless there is credible evidence that it may close down

Accounting entity

Accounting period

Going concern

Historical cost

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________________theory states that the life of a business is divided into regular time interval.

Accounting entity

Accounting period

Going concern

Historical cost

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the month after April?

March

February

June

May

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How many days are there in the month of July?

28

29

30

31

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the month before October?

August

November

September

December

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How many days are there in the month of March?

31

30

29

28

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How many days are there in the month of November?

29

30

31

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