Introduction to Accounting and Accounting Ethics and Concepts
Authored by Evendor Babwah
Business
1st Grade
Used 115+ times
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45 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 5 pts
Which of the following is not part of accounting
Summarizing data
Recording transactions
Interpreting Financial Statements
Sharing accounting data with other businesses
2.
MULTIPLE CHOICE QUESTION
3 mins • 5 pts
Which of the following allows a business to be successful?
Making a loss
Making a profit
Making constant profit
Making constant loss
3.
OPEN ENDED QUESTION
3 mins • Ungraded
What is book-keeping?
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4.
FILL IN THE BLANKS QUESTION
3 mins • 5 pts
A person who uses accounting information that is not part of the business is known as...
(a)
5.
FILL IN THE BLANKS QUESTION
3 mins • 5 pts
The name of a person who has interest in your business and is willing to put their money as contribution to your business with a hope of making a return is called ...
(a)
6.
MULTIPLE CHOICE QUESTION
3 mins • 5 pts
A business where there is one owner is known as a
Partnership
Company
Sole Trader
Entrepreneur
7.
MULTIPLE SELECT QUESTION
3 mins • 5 pts
Which of the following jobs can be obtained without an accounting degree or qualification?
Bank Clerk
Accounts assistant
Book-keeper
Consultant
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