Accounting Types Quiz

Burger Hut is trying to decide if it can receive money from the government for providing employees with insurance.

• Financial accounting

• Management accounting

• Tax accounting

Floral Avenue is trying to determine if it has enough cash on hand for a down payment on a new van.

• Financial accounting

• Management accounting

• Tax accounting

Roof Co. installed solar panels after reading about a grant provided by the United States Environmental Protection Agency.

• Financial accounting

• Management accounting

• Tax accounting

Andrews Financial proved Yang Enterprises with a $10,000 loan. Andrews Financial is requesting information about the outstanding loans and assets of Yang Enterprises.

• Financial accounting

• Management accounting

• Tax accounting

All expenses for Daniel Hardware for the month of June need to be compiled and recorded. The chief financial officer needs to determine if the company has exceeded its budget.

• Financial accounting

• Management accounting

• Tax accounting

Media Van Lines is collecting information about how many military veterans it currently employs. The government requires the company to hire at least 25.

• Financial accounting

• Management accounting

• Tax accounting

John needs to develop a report for the president of Lawyer Group which details the financial goals for 2016.

• Financial accounting

• Management accounting

• Tax accounting

Drive Me Inc. is preparing to disclose publicly the amount of money it has made from issuing stocks.

• Financial accounting

• Management accounting

• Tax accounting

Andrew is searching through company financial transactions to prove to his department the new product led to an increase in sales.

• Financial accounting

• Management accounting

• Tax accounting

Computers Incorporated is developing a profit-and-loss statement for its investors.

• Financial accounting

• Management accounting

• Tax accounting