
Accounting, Bookkeeping, and Its Business Environment
Authored by Fatima Janaban
Social Studies
9th - 10th Grade
Used 28+ times

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15 questions
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1.
OPEN ENDED QUESTION
20 sec • Ungraded
What is your name?
State your full name.
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2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Accounting is the systematic process recording of business transactions to its respective journals and ledgers in a prescribed manner.
True
False
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Accounting is defined by PICPA as service activity. PICPA stands for ________________________.
Philippine Institute of Certification of Public Accountant
Philippine Institute of Certified Private Accountant
Philippine Institute of Certified Public Accountant
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which is not an example of internal users?
employees
government
investors
owner
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which is an example of external users?
employees
government
investor
owner
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A business owned and managed by two or more persons who have an agreement of contribution.
sole proprietorship
partnership
corporation
cooperative
7.
FILL IN THE BLANKS QUESTION
10 sec • 1 pt
Assets = liabilities (a) owner's equity
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