
FABM PAIR QUIZ 1
Authored by Jezerrie Mendoza
Other
11th Grade
Used 5+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Financial claims that owners have in the business.
Assets
Liabilities
Equity
Profit
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The resources owned by the business.
Assets
Liabilities
Equity
Profit
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Utilize the accounting information to come up with useful decisions for the company.
Accountant
Bookkeeper
Internal Users
External Users
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Indirectly access accounting information from the organizations of their interest.
Accountant
Bookkeeper
Internal Users
External Users
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Assessing business performance and financial position.
Decisions by Management
Decisions by Owners
Decisions by Employees
Decisions by Investors
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Whether to continue the contract for employment, or collectively bargain.
Decisions by Management
Decisions by Owners
Decisions by Employees
Decisions by Lenders
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Interested in putting capital to earn profit.
Decisions by Employees
Decisions by Investors
Decisions by Lenders
Decisions by Regulatory and Tax Authorities
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