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FDM Quiz 1

Authored by Daniel Duker

Business

University

Used 2+ times

FDM Quiz 1
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information.

Management

Finance

Accounting

Procurement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The individuals who offer financial leverage to various organisations through loans are known as?

Bank Managers

Creditors

Lenders

Cashiers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In accounting the suppliers can be referred to us as?

Partners

Debtors

Creditors

Lenders

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The act of recording, planning and using Financial data to control the operations of the organisation by managers regarding the company's future is known as?

Financial Accounting

Cost Accounting

Predicting Accounting

Management accounting

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anyone who has interests in the operations of an organisation is known as?

Shareholder

Stakeholder

Business owner

Customers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An individual who may enter into business alone, either selling goods or providing a service is Known as?

Sales person

Sole trader

Agent

Merchant

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Limited liability partnership might not lose its personal assets in the process of debt?

True

False

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