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1. 1. What is blockchain in the context of accounting?

• A. A type of cryptocurrency

• B. A series of digitally linked transactions encrypted by cryptography

• C. A system for managing physical assets

• D. A type of mobile computer technology

2. 2. Determining the unit cost of a manufactured product, including indirect costs

• A. cost accounting

• B. assets

• C. income

• D. financial accounting

3. 3. The money that a company receives from supplying goods or services

• A. tax accounting

• B. liabilities

• C. income

• D. auditing

4. 4. What is the key characteristic of blockchain?

• A. Decentralized, secure, and immutable

• B. Easily editable

• C. Easily fragmented and changed

• D. Unsafe and prone to attacks

5. 5. The use of a company's accounting data by its managers for planning and control

• A. expenditure

• B. auditing

• C. financial accounting

• D. management accounting

6. 6. What makes blockchain secure?

• A. Encryption and decentralization

• B. Flexibility and changeability

• C. All transactions are frozen and cannot be modified

• D. Nothing, blockchain is not secure

7. 7. In accounting, a potential application of blockchain is:

• A. Validating transactions and increasing transparency

• B. Reducing all accounting-related costs

• C. Secretly recording transactions

• D. Completely replacing traditional accounting systems

8. 8. Checking and evaluating financial records

• A. tax accounting

• B. bookkeeping

• C. auditing

• D. cost accounting

9. 9. [....] is about making sure that the management has sufficient control over what is going on in the company

• A. internal auditing

• B. external auditing

• C. bookkeepers

• D. management accountants

10. 10. Adjective meaning after all deductions have been made

• A. gross

• B. net

• C. zero