FABM1 UNIT TEST

FABM1 UNIT TEST

11th Grade

20 Qs

quiz-placeholder

Similar activities

Computer System Servicing: Occupational Health and Safety

Computer System Servicing: Occupational Health and Safety

10th Grade - University

15 Qs

UK GEOGRAFI PENERBANGAN DOMESTIK

UK GEOGRAFI PENERBANGAN DOMESTIK

11th Grade

20 Qs

Chayamana Quiz Competition

Chayamana Quiz Competition

1st Grade - University

15 Qs

Pengetahuan di India

Pengetahuan di India

KG - Professional Development

20 Qs

Emotions? Related to mental health?

Emotions? Related to mental health?

1st Grade - Professional Development

15 Qs

PTS BAHASA SUNDA

PTS BAHASA SUNDA

11th Grade

20 Qs

Kuiz Kenali Ubat Anda (KUA) 2022

Kuiz Kenali Ubat Anda (KUA) 2022

KG - Professional Development

16 Qs

KIDS FOR UNSDG

KIDS FOR UNSDG

3rd - 12th Grade

15 Qs

FABM1 UNIT TEST

FABM1 UNIT TEST

Assessment

Quiz

Other

11th Grade

Practice Problem

Medium

Created by

Esmeralda Via

Used 19+ times

FREE Resource

AI

Enhance your content in a minute

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

20 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

It’s a type of accounting principles states that the operations of business will continue to operate

indefinitely into the future.

Matching Principle

Going Concern Assumption

Accrual accounting

Substance over Form

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are the amounts received by the business earned as a result of selling goods or rendering services.

Assets

expenses

liabilities

income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an internal user of accounting information?

Government

Creditors

Stockholders

Investors

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the process of recording business transactions in the journal. Also known as Book of

Original entry.

Posting to ledger

trial balance

Journalizing

Balance Sheet

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It represents the obligations or debts of the business.

Assets

Owner's Equity

Liabilities

Income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following account titles that can be classified as Non-Current Asset?

Cash

Petty Cash Fund

Accounts Receivable

Land

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the effect if you debit an expense?

Increase

Decrease

No effect

None of the above

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

Already have an account?