6-1 Review

6-1 Review

9th Grade

10 Qs

quiz-placeholder

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6-1 Review

6-1 Review

Assessment

Quiz

Business

9th Grade

Medium

Created by

Michael Driscoll

Used 2+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The concept of reporting information in the same manner each period is known as...

Consistent Reporting

Frequent Reporting

Accurate Reporting

General Reporting

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An accounting period that tracks business information for a period of time is known as a...

fiscal period

financial period

accounting period

calendar period

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A fiscal year is not always from January - December.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A form used to summarize information from the general ledger is a...

work sheet

balance statement

budget

general journal

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a work sheet you are proving that...

debits = credits

debits > credits

debits < credits

debits do not equal credits

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When writing the date on a work sheet header you should write it as...

Day, Month, Year

"For Month Ended..."

Year, Month, Day

"By Year Ended..."

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The header on a work sheet includes all the following EXCEPT

Company Name

Accountant Name

Report Name

Date

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