Accounting Fundamentals CH 1 Quiz
Authored by Thomas Niksich
Business
9th - 12th Grade
Used 26+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What does GAAP stand for
Good Apples Are Perfect
Grandmas Are Always Punctual
General Accepted Accounting Principals
General Art Are Pleasant
2.
DROPDOWN QUESTION
1 min • 1 pt
(a) is making contacts with people to share information and advice. (Business Related)
3.
DROPDOWN QUESTION
1 min • 1 pt
A (a) handles a broad range of responsibilities, makes business decisions, and prepares and
interprets financial reports.
4.
DROPDOWN QUESTION
1 min • 1 pt
A (a) business operates to
earn money for their owners.
5.
DROPDOWN QUESTION
1 min • 1 pt
An (a) is the review of a company’s accounting systems and financial statements to confirm that they follow
generally accepted accounting principles.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
CPA stands for
Certified Personal Accountant
Certified People Audit
Care Professional Animal
Careful Personal Accountant
7.
DROPDOWN QUESTION
1 min • 1 pt
(a) are the principles you live by and the beliefs that are important to
you.
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