quizztienganh

1. Accounting is one of the ................ fields in the modern business world.

• A. fast-growing

• B. faster growing

• C.fastest-growing

• D. fastest-grow

Nonprofit organizations are in business for some purposes other than ................. money.

• Make

• making

• to make

• made

3. Accounting serves the purpose of record keeping by promptly .... all the business transactions in the books of account.

• A. selling

• B. buying

• C. recording

• D. reporting

Private accountants, also called executive ỏ administrative accountants, handle the .... of a business

• balance sheets

• cash flow statements

• finalcial records

• operations

Controller are responsible ..... maintaining the records of the company's operations

• to

• with

• of

• for

Managerial accountants work with the kinds of financial reports ..... to management for the efficient operation of the company, including budgets and cash flow projections

• necessary

• unnecessary

• need

• needn't

Many people have chosen .... as profession because of its many advantages

• account

• accounting

• accountant

• counting

Reports on past .... and current financial status are useful only as input to decisions about courses of action that will lead future performance and status

• Performed

• perform

• performing

• performance

Accounting is also intimately involved in ... the financial interests of the parties involved in all kinds of relationships

• sorting out

• giving out

• getting out

• running out

Taxing ..... are interested in past financial performance in order to assess and collect appropriate taxes.

• A. authority

• B. authorize

• C.authorities

• D. authorizing