FI-351 Accounting
Authored by Melanie Johnson Wood
Moral Science
12th Grade
Used 3+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the process of keeping and interpreting financial records?
Budget
Transparency
Accounting
Audit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the process by which an organization's accounts and records are verified?
Code of ethics
Responsibility
Balance sheet
Audit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which financial statement captures the financial condition of the business at a particular moment?
Income statement
Cash flow statement
Balance sheet
Fairness
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an estimate of income and expense for a specific period of time?
Integrity
Managerial accounting
Conflict of interest
Budget
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which financial summary provides estimates as to when, where, and how much money will flow into and out of a business?
Cash flow statement
Financial statements
Objectivity
Public accountant
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a set of rules for governing behavior?
Responsibility
Ethics
Transparency
Confidentiality
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the practice of keeping information secret or private?
Conflict of interest
Integrity
Confidentiality
Fairness
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