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Chapter 2: Accounting Information System

Authored by Mei Chia Teo

Other

9th Grade

Used 7+ times

Chapter 2: Accounting Information System
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounting cycle

_____ --> Adjust ---> Report --> Close

Identify

Record

Identify and record

Source document

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The first product of the Accounting Information System is _____.

Journal

Ledger

Source documents

Financial statements

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

State the accounting theory that explains why a source document is important.

Accounting period theory

Accounting entity theory

Objectivity theory

Going concern theory

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

State the source document used to record the information:

Purchased a computer on credit.

Invoice

Debit note

Credit note

Receipt

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

State the source document to record the information:

Paid cheque for goods purchased previously.

Invoice

Payment voucher

Debit note

Credit note

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

State the source document used to record the information:

Returned goods to supplier Teo due to incorrect specifications

Invoice

Receipt

Debit note

Cedit note

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

State the source document to record the information:

Sold goods and received cheque

Invoice

Receipt

Debit note

Credit note

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