AAT L1 Bookkeeping - The Role of the Bookkeeper

What type of accounting involves preparing financial materials for internal use (manager, directors etc)?

• Financial accounting

• Management accounting

What type of accounting involves preparing financial materials for external use (HMRC, Bank etc)?

• Financial accounting

• Management accounting

Ensuring all staff members have access to all usernames and passwords for the business will help to maintain security of the information

• True

• False

Using a password with a combination of letters and numbers is known as.....

• Numeric

• Alphabetic

• Alphanumeric

Accidental money-laundering is not a criminal offence

• True

• False

Student members of AAT are bound by the Code of Professional Ethics

• True

• False

Which one of the following is a AAT Code of Professional Ethic?

• Honesty

• Objectivity

• Professional attire

Which one of the following is not a AAT Code of Professional Ethics?

• Integrity

• Objectivity

• Professional attire

• Confidentiality

What does CPD stand for?

• Creative pretend doodles

• Continuing Professional Development

• Caffeine Powered Discussions

• Continued Professional Days

Why to employees undertake CPD?

• To keep knowledge and skills up to date

• To make sure they drink enough coffee

• To make sure they have days away from work

• To bond with other employees