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Statement of Comprehensive Income

Authored by Baron Carline

Other

12th Grade

Used 7+ times

Statement of Comprehensive Income
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13 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Why is content mapping in your lesson plan important?

Indicate prior knowledge

Indicate previous grade

Indicate objectives

Indicate consolidation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What calculations did learners struggle with in NSC 2023 exams in Paper 1?

Depreciation

Bad debt

Inventory

Depreciation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long is an accounting period?

3 months

6 months

9 months

12 months

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What grade did learners complete the financial statements of a partnership?

Grade 9

Grade 11

Grade 10

Grade 12

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the GAAP Principle?

"Providing for losses like Bad debt."

Business entity

Going concern

Prudence

Historical cost

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must be deducted from Sales in the SOCI?

Debtors

Bad debt

Cost of sales

Debtors' allowance

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify one new company expense?

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