Midterm Exam Review (Business concepts) S2

Midterm Exam Review (Business concepts) S2

Professional Development

50 Qs

quiz-placeholder

Similar activities

Java Collections Trivia

Java Collections Trivia

Professional Development

45 Qs

Quizz Compition(Social Media,cyber Crime,Ms Word,Cyber Security)

Quizz Compition(Social Media,cyber Crime,Ms Word,Cyber Security)

Professional Development

50 Qs

GOOGLE FORM QUIZ TEST PAPER

GOOGLE FORM QUIZ TEST PAPER

Professional Development

50 Qs

RUTS Technology

RUTS Technology

9th Grade - Professional Development

50 Qs

A+ 1101 Study Quiz 1

A+ 1101 Study Quiz 1

Professional Development

46 Qs

DGI- QUIZ

DGI- QUIZ

Professional Development

50 Qs

PYTHON BE PYTHONING

PYTHON BE PYTHONING

Professional Development

50 Qs

M1 R5 ( Chapter 4)

M1 R5 ( Chapter 4)

Professional Development

50 Qs

Midterm Exam Review (Business concepts) S2

Midterm Exam Review (Business concepts) S2

Assessment

Quiz

Computers

Professional Development

Medium

Created by

Khunheng Ten

Used 4+ times

FREE Resource

AI

Enhance your content in a minute

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

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is accounting often called?

The language of business

The science of business

The history of business

The analysis of business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of accounting?

To prepare invoices

To provide financial information for decision-making

To manage human resources

To control production processes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key function of an accounting system?

Marketing products

Summarizing financial transactions

Increasing sales

Negotiating supplier contracts

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which financial statement shows the financial position of a company at one point in time?

Income statement

Balance sheet

Statement of cash flows

Statement of retained earnings

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the income statement reflect?

The financial performance over a period of time

The company's cash position

The inventory level at year-end

The company's liabilities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group of professionals uses accounting information for auditing and tax computations?

Private accountants

Public accountants

Internal auditors

Managers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who may earn the title of CPA (Certified Public Accountant)?

Government accountants

Public accountants

Private accountants

Financial analysts

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

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?