TAXA

TAXA

University

16 Qs

quiz-placeholder

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TAXA

TAXA

Assessment

Quiz

Other

University

Practice Problem

Easy

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Ivy Lorein Bondoc

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16 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

It is the language of business. The results of the operation of the company will determine the decision of the company

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

It is the language of business. The results of the operation of the company will determine the decision of the company

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Art of recording, classifying, summarizing transactions and events and interpreting the resutls thereof

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Financial Accounting External users

Investors and creditors

comptetitors

Regulators

customers

owners

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

MANAGERIAL ACCOUNTING INTERNAL USERS

managers

owners

employees

competitors

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This type of business has an advantage of ease and low cost in organizing and has a limited source of financial resources and unlimited liabilities

Proprietorship

Corporation

Cooperatives

Partnership

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It has an advantage of more financial resources and management skills but still have unlimited liability

Proprietorship

Partnership

Cooperatives

Corporation

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