
ACC QUIZ JUNE
Authored by DIANE MARBUN
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What does equity mean in accounting?
a. The portion of a company's value that belongs to the owners' or shareholders
b. The money a company owes to creditors
c. The profits earned by a company in a given year
d. The total expenses incurred by a company in a given year
2.
FILL IN THE BLANK QUESTION
20 sec • 5 pts
Jika kamu berada di balik seseorang yang berdiri tepat di depanmu, dan dia juga berada di balik mu yang menghadap ke arah yang sama, siapakah orang itu? D__i s_____i
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A service company purchased new office equipment for $20,000 on credit. The company paid $5,000 in cash and promised to pay the remaining amount in 6 months. How would this transaction affect the company's accounting equation?
a. Increase assets and increase liabilities
b. Increase assets and decrease liabilities
c. Decrease assets and increase liabilities
d. Decrease assets and decrease liabilities
4.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
What does owner's equity mean in accounting?
a. The money invested by shareholders in the company
b. The residual interest in the assets of a company after deducting liabilities
c. The portion of a company's value that belongs to the owners shareholders
d. The profits earned by a company in a given year
5.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
Jika di suatu pohon ada 8 burung dan dua diantaranya ditembak mati oleh pemburu berapa total burung yang lari?
a. 6
b. 8
c. 0
d. 2
6.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
PT ABC is a merchandising company that sells products to customers. The following information is available for the month of January:
PT ABC is a merchandising company that sells products to customers. The following information is available for the month of January:
Beginning inventory: $10,000
Purchases during the month: $50,000
Sales revenue: $80,000
Ending inventory: $15,000
Operating expenses: $12,000
Please calculate gross profit of PT ABC....
a. $80.000
b. $35.000
c. $65.000
d. $68.000
7.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
What can companies do to manage their current liabilities effectively?
a. Delay payment to suppliers
b. Increase the amount of long term debt
c. Increase the amount of shareholders equity
d. Improve cash flow management
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