Accounting

Accounting

University

21 Qs

quiz-placeholder

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Accounting

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Assessment

Quiz

Mathematics

University

Practice Problem

Easy

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Tsu Kaisen

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21 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Its function is to provide quantitative Information, primarily financial nature, about economic entities that is intended to be useful in making economic decisions.

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Is an information system that measures, processes and communicates financial information about an economic entity.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Is a process of Identifying, measuring, communicating economic information to permit informed judgements and decisions by user of the information.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

It is an art of recording, classigying and summarizing in a significant manner and in terms of money, transsactions and events which are, in part at least, of financial character, and interpreting the result of theory.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

It provides the required capital for the business.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hiring Skilled staff and selling their time.

Services

Insurance

Manufacturer

Raw materials

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buying raw material or goods and making them available for sale.

Trader

Manufacturer

Financial

Services

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