Accounting S1 Final Exam Review
Quiz
•
Business
•
11th Grade
•
Practice Problem
•
Medium
Robyn Sanders
Used 9+ times
FREE Resource
Enhance your content in a minute
40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Planning, recording, analyzing, and interpreting financial information is called:
accounting
ethics
transaction
revenue
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of the accounting process is to provide information to:
idividuals
small businesses
large corporations
all of the answers are correct
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A planned process for providing financial information that will be useful to management:
accounting system
ethics
transaction
capital
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GAAP is a __________ accounting standard.
required
generally accepted
used by all businesses
banking
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business activity that changes assets, liabilities, or owner's equity:
transaction
expense
revenue
sale on account
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financial reports that summarize the financial condition and operations of a business are referred to as:
financial statements
ethics
withdrawals
equities
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An equation showing the relationship among assets, liabilities and owner's equity is the:
business equation
quantitative equation
annuity equation
accounting equation
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
36 questions
TestOut Chapter 1 (minus section 1.4)
Quiz
•
9th - 12th Grade
39 questions
Accounting Part 1 Review
Quiz
•
9th - 12th Grade
40 questions
Venture: Entrepreneurial Expedition Lesson 1&2
Quiz
•
9th - 12th Grade
40 questions
ESB- Domain 1: Entrepreneurial and Small Business Concepts
Quiz
•
9th - 12th Grade
38 questions
FBLA Economics
Quiz
•
9th - 12th Grade
37 questions
Saving (B10)
Quiz
•
9th - 12th Grade
40 questions
Business Essentials 2.01 - 2.02 Review
Quiz
•
9th - 12th Grade
Popular Resources on Wayground
5 questions
This is not a...winter edition (Drawing game)
Quiz
•
1st - 5th Grade
15 questions
4:3 Model Multiplication of Decimals by Whole Numbers
Quiz
•
5th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
10 questions
The Best Christmas Pageant Ever Chapters 1 & 2
Quiz
•
4th Grade
12 questions
Unit 4 Review Day
Quiz
•
3rd Grade
10 questions
Identify Iconic Christmas Movie Scenes
Interactive video
•
6th - 10th Grade
20 questions
Christmas Trivia
Quiz
•
6th - 8th Grade
18 questions
Kids Christmas Trivia
Quiz
•
KG - 5th Grade
Discover more resources for Business
16 questions
BizInnovator Startup - Crunching the Numbers
Quiz
•
9th - 12th Grade
40 questions
Dave Ramsey Chapter 2 Review
Quiz
•
10th - 12th Grade
17 questions
BizInnovator Startup - Know Your Customer
Quiz
•
9th - 12th Grade
13 questions
BizInnovator Startup - Experience and Overview
Quiz
•
9th - 12th Grade
