Managerial Accounting vs Financial Accounting

Managerial Accounting vs Financial Accounting

12th Grade

15 Qs

quiz-placeholder

Similar activities

Public Relations

Public Relations

10th Grade - University

17 Qs

Entrepreneurship

Entrepreneurship

12th Grade

11 Qs

Module 1.02 Vocab Quiz

Module 1.02 Vocab Quiz

9th - 12th Grade

15 Qs

Business Quiz

Business Quiz

10th Grade - University

17 Qs

Operations

Operations

12th Grade

15 Qs

BATTLE OF THE BRAINS

BATTLE OF THE BRAINS

11th Grade - University

20 Qs

Office orientation & communication

Office orientation & communication

10th - 12th Grade

15 Qs

Introduction To Accounting:

Introduction To Accounting:

11th Grade - University

13 Qs

Managerial Accounting vs Financial Accounting

Managerial Accounting vs Financial Accounting

Assessment

Quiz

Business

12th Grade

Medium

Created by

Thomas Niksich

Used 21+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main objective of financial accounting?

To assist management in decision-making

To create internal reports for managers

To allocate resources within a business

To report on a business's financial health to external parties

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main objective of managerial accounting?

To create internal reports for managers

To assist management in decision-making

To allocate resources within a business

To report on a business's financial health to external parties

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the target audience of financial accounting?

All employees of the business

Regulators and the public

Existing and potential investors, lenders, and creditors

Internal managers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the target audience of managerial accounting?

All employees of the business

Internal managers

Existing and potential investors, lenders, and creditors

Regulators and the public

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the focus of financial accounting?

Future planning and decision-making

Presenting information to internal managers

Reporting on past transactions and events

Managing risks within a business

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the focus of managerial accounting?

Future planning and decision-making

Managing risks within a business

Presenting information to internal managers

Reporting on past transactions and events

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the scope of financial accounting?

Narrow, focusing on specific departments and cost centers

Broad, consolidating results of all business units

Limited to financial information only

No specific scope

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?