Accounting 101 Quiz
Authored by Francis TSOI
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12th Grade
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20 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the Queen’s Budget Model designed to ensure?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the budget model for Queen’s based on?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What is activity-based budgeting commonly referred to as?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What does the budget model decentralize authority and accountability for?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What are revenue transfers at Queen’s?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
What is an accrual in accounting?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What are accrued revenues in accounting?
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