
Introduction to Accounting (IGCSE)
Authored by Abna SHamsudeen
Business, Other
9th Grade
Used 51+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which task is performed by a book keeper ?
analysing the trading results
entering the transactions in the ledger
preparing year end financial statements
providing information for decision - making
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is not an external user of accounting information
legal bodies
general public
government
employees
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1 and 2
1 and 3
2 and 4
3 and 4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who would probably use accounting information to set tax rules for businesses ?
government
proprietor
employees
suppliers
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Accounting records can ascertain profit or loss of a business
true
false
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
which is not a financial/business transaction
borrowing cash
sale of goods on cash
buying on credit
volunteer services
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
which of the following would not fall under the defenition of an asset ?
land
machinery
cash
creditors
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