QUIZ 1. The Main Accounting Documents

The sum of a company's assets is equal to the sum of equity and liabilities:

• Always

• When the company make profit

•    It depends on the activity of the company

• No answer

The cash item is:

•   A debt

• A use

•   A resource

•    No answer

A license is part of?

• Tangible fixed asset

•   Intangible assets

•     Current assets

• Equity

A positive bank balance of a given company should be recorded on:

•     Debts

•   Current assets

•    Equity

      

•      Financial fixed assets

When the company does not pay its suppliers immediately, it has:

• A receivable

•  A debt

•   A benefit

• No answer

The income statement is used to analyze:

• The financial structure of the company

• The solvency of the company

• The profitability of the company

•       No answer

The company "S.D.B" ensures a totally exporting activity, it is exempted from taxes. For the year 2020, it has a gross result of -25 MD. Knowing that the tax rate in force is 10%, its net result would be

• -22.5 MD

• -2.5 MD

• -25 MD

• No answer

How do you calculate the net result?

• Total expenses - total liabilities

• Total assets - total revenue

•   Total revenues -total expenses

• Financial result + current result + exceptional result - corporate taxes

Which of these definitions of the income statement is correct:

• This is a summary of the economic flows attributable to the financial year

   

•   It is a photo, an image of assets and funding at a given time

• It is a snapshot of the financial situation of the company

•    No answer

Which of the following information should not appear in the income statement?

• Reversals of provisions

•    The principal of the loans

•     The turnover

•   Interest on loans