AFM-Evaluator

AFM-Evaluator

University

15 Qs

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AFM-Evaluator

AFM-Evaluator

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Sumera Aluru

Used 1+ times

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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)  

Equity
Assets
Share Capital
Total Liabilities
Long Term Debt

4.

MATCH QUESTION

30 sec • 1 pt

Match the following...

Personal Account

Geetha Agencies

Nominal Account

Cash Account

Real 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

EPS

Purchases

Net Profit

Gross Profit

Operating Expenses

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Can be calculated using .....??

MPS/EPS

DPS/MPS

DPS/EPS

MPS/DPS

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