Quiz on Introduction to Accounting
Authored by Bert Bermudez
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University
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15 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is the primary purpose of accounting?
To provide entertainment
To create marketing strategies
To identify and record economic information
To manage human resources
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is NOT a branch of accounting?
Tax Accounting
Marketing Accounting
Managerial Accounting
Financial Accounting
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is the first step in the accounting process?
Communicating
Recording
Identifying
Classifying
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Who is considered the father of modern accounting?
Adam Smith
Luca Pacioli
John Maynard Keynes
Karl Marx
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What type of information does accounting provide?
Both quantitative and qualitative information
Only financial information
Only qualitative information
Only quantitative information
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is an internal user of accounting information?
Public
Business owners
Creditors
Investors
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
What is the process of recording identified accountable events called?
Communicating
Summarizing
Journalizing
Posting
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