AFM-Evaluator
Quiz
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Business
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University
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Practice Problem
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Sumera Aluru
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Plan for the expenditures as soon as there are likely to be incurred and refrain from planning on the anticipated revenues....this concept is better reflected as...
Realization Concept
Separate Entity concept
Dual Aspect Concept
Materiality
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not objective of Accounting Information
Clarity
Consistency
Reliability
Resilience
3.
DRAG AND DROP QUESTION
30 sec • 1 pt
Liabilities+ (a) = (b)
4.
MATCH QUESTION
30 sec • 1 pt
Match the following...
Personal Account
Geetha Agencies
Real Account
Cash Account
Nominal Account
Rent Account
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following doesn't amount to ethical aspect of accounting?
Integrity
Subjectivity
Confidentiality
Professionalism
6.
REORDER QUESTION
1 min • 1 pt
Reorder the following the order of their appearing in final accounts
Operating Expenses
Net Profit
Gross Profit
Purchases
EPS
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can be calculated using .....??
MPS/EPS
DPS/MPS
DPS/EPS
MPS/DPS
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