Quiz for Accounting
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Mohd Shaari
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25 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
X > Ledger > Trial Balance
What is X?
Journal
Adjusting Trial Balance
Income Statement
Balance Sheet
Answer explanation
After identify transaction, must do the Journal.
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which ONE is not the Purpose of Accounting?
Is my business making money?
How much are my sales in the first three months?
How much other people owe me?
How are YOU?
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is ACCOUNTING?
Identify, Record and Present
Identify, Record and Communicate
Knowledge, Record and Communicate
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
How many TYPES of Basis Accounting?
5
4
3
2
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which ONE is Internal Users?
LHDN
Investors
Management
Banks
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which ONE is External Users?
HR Dept.
Creditors
Finance Dept.
Marketing Dept.
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Is this TRUE?
Assets = Liabilities + Owner's equity
TRUE
FALSE
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