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10th Grade

13 Qs

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Assessment

Quiz

Financial Education

10th Grade

Easy

Created by

Kari Campos

Used 3+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

They are records that reflect economic and accounting activities.

Debits and Credits

Accounting documents

Financial Statements

Balance Sheet

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What are acounting documents used for?

Only for tax payments.

To record only a company's profits.

To evade goverment audits

To justify, verify, and control commercial and accounting activities.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The difference between " Debits" and "Credits" is that debits represent income and credits represent expenses.

True

False

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Accounting documents must be properly filed by creating organized annual and monthly files.

False

True

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

​ Complete the sentence using the present simple in the affirmative form.

The accountant ....... the financial statements. ​ ​ ​

reviews

reviewing

doesn't reviews

reviewed

isn't reviewing

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Present simple it's used for general facts, habits, or routines.

True

False

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Accountant is the responsible for the management and strategic direction of a company

True

False

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