ABM QUIZ

A government agency mandated by the Philippine Constitution to investigate and check how other government agencies spend their allocated funds.

• Department of Finance

• Banko Sentral ng Pilipinas

• Commission on Audit

• Bureau of Internal Revenue

Management is manipulation only

• TRUE

• FALSE

Aside from the Generally Accepted Accounting Principles (GAAP), what other credible accounting standard is recognized worldwide

• International Accounting Standards

• International Financial Reporting Standards

• Ernst & Young Global Limited,

• Grant Thornton International

The process of identifying and analyzing, recording or journalizing, and communicating economic information to permit informed judgment and decisions by users of information.

• Bookkeeping

• Mmanagement

• Finance

• Accounting

He/She was considered the father of modern accounting

• Queen Elizabeth

• Luca Pacioli

• Howard Gardner

• Abraham Maslow

They execute the responsibilities including the management of employees.

• Accountant

• Subordinates

• Employees

• Managers

When managers give out motivation, they are tapping the leading function

• TRUE

• FALSE

Who published the Principles of Scientific Management?

• Frederick Taylor

• Max Weber

• Sigmund Freud

• Albert Einstein

The welfare of the workers was promoted in the classical management theory.

• TRUE

• FALSE

Concerned with recording and analyzing the costs for producing goods or services

• Management Accounting

• Financial Accounting

• Cost Accounting

• Auditing