accounting 1.1

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Fun
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University
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Medium
Nurul Irdina
Used 2+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
2 mins • 3 pts
What process in management accounting?
indentifying
analysing
presenting managerial accounting
recording
2.
MULTIPLE CHOICE QUESTION
2 mins • 3 pts
What's the correct answer for Primary Users of Reports
Fainancial Accounting - internal users such as officers
Managerial Accounting - external users such as managers of the business
Financial Accounting - external users such as stockholders
Managerial Accounting - internal users such as suppliers
Financial Accounting - external users such as stockholders
Managerial Accounting - internal users such as officers and managers of the business
3.
MULTIPLE SELECT QUESTION
2 mins • 3 pts
Types and frequency of reports Managerial Accounting
Internal reports such as cost- volume-profit analysis
As frequently as needed by the management
statement of changes in equity
Quarterly and annually
4.
MULTIPLE SELECT QUESTION
2 mins • 3 pts
Types and Frequency of Reports Financial accounting
Financial statements include statement of profit or loss
Quarterly and annually
Financial statements such as budgets
Internal reports such as Cost-Volume-Profit
5.
MULTIPLE CHOICE QUESTION
2 mins • 3 pts
What is the coreect pair for Purposes of Reports
Financial Accounting- (General-purpose), Managerial Accounting- ( Special-purpose) for specific decisions
Financial Accounting- ( Special-purpose), Managerial Accounting- ( General-purpose)
Financial Accounting- ( General- purpose), Managerial Accounting- ( Special-purpose)
6.
MULTIPLE SELECT QUESTION
2 mins • 3 pts
Content of reports for Financial Accounting
pertains to subunits of the business
required to follow MFRS
not required to follow MFRS
pertains to business as a whole
7.
MULTIPLE SELECT QUESTION
2 mins • 3 pts
Contents of Reports for Managerial Accounting
pertains to subunits of the business
required to follow MFRS
pertains to business as a whole
not required to follow MFRS
8.
MULTIPLE SELECT QUESTION
2 mins • 3 pts
Financial Accounting and Managerial Accounting for verification of reports
required to be published
audited by statutory auditors
neither published
nor audited by statutory auditors
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