Quiz for Accounting

Quiz for Accounting

Professional Development

25 Qs

quiz-placeholder

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Quiz for Accounting

Quiz for Accounting

Assessment

Quiz

Education

Professional Development

Practice Problem

Medium

Created by

Mohd Shaari

Used 5+ times

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25 questions

Show all answers

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

Media Image

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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