
INTRODUCTION TO ACCOUNTING
Authored by ADYANI BM
Other
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The accounting process are as follows except
Identifying
Recording
Moving
Reporting
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The following are internal users except
Management
Investor
Worker
Internal Auditor
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The role of the investor as an external user is
To decide whether to buy more shares or dispose the shares they have
Making routine decisions and controlling operations
To determine the amount of tax to be collected by them
Identify and evaluate business performance for salary and bonus
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The same process between bookkeeping and accounting is
Summarizing
Reporting
Analizing
Recording
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Here are the characteristics of sole proprietorship except
One ownership
Capital source by proprietor
Limited liabilities
Businesses Act 1956 for law of regulation
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The following characteristics are the same between sole proprietorship and partnership except
Number of owner
Life of organization
Liabilities
Distribution of profit / loss
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Select a statement that describes the type of merchandising business
Provide services rather than products to customers
Change basic inputs into products that are sold to individual customers
Purchase inventories from other businesses (such as manufacturers) and resell the inventories to individual customers
Provides economic and financial for internal users
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