Accounting: EXAM 1 Review!
Quiz
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Mathematics
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University
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Practice Problem
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Medium
Antwan Tate
Used 13+ times
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95 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Accounting?
a measurement sytem revolved around solar activities
a measurement system revolved around business activities
a measurement sytem revolved around molecular activities
a measurement system revolved around peculiar activities
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
users of accounting are both
internal and extranal
nocturnal and dormant
external and intergallactic
internal and external
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
users and uses of accounting include: (a) managers in controlling, monitoring, and planning; (b) lenders for measuring the risk and return of loans; (c) shareholders for assessing the return and risk of stock; and (d) employees for judging employment opportunities
True
False
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Opportunities in accounting include (three words)
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the FASB?
the "Financial Accounting Status Board"
the "Frankly Accounting Standards Board"
the "Financial Accounting Standards Board"
the "Financial Agriculture Standards Board"
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What is the primary responsibility of the FASB (Financial Accounting Standards Board)?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
what is the IASB?
the International Accounting Standards Board
the International's Accurate Standards Board
the Intergallatic Accounting Standards Board
the International Accounting Standards BrOad
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