F3 Quiz

In Vietnam, FDI enterprises often have to prepare financial statements in accordance with the VASs and IFRSs/IASs.

• True

• False

The form of centralized accounting organization is suitable for small and medium-sized enterprises with a low hierarchy.

• True

• False

In enterprises with a decentralized accounting organization. All subordinate units take responsibility for their own assets, liabilities, and business performance independently.

• True

• False

In enterprises with semi-centralized accounting organization. All subordinate units take responsibility for their own assets, liabilities, and business performance independently.

• True

• False

The form of semi-centralized organization is a combination of centralized and decentralized forms.

• True

• False

All accountants must have an accounting certificate/certification.

• True

• False

The quality of the accounting activities depends directly on the qualifications, proficiency, professional ethics, and the reasonable assignment of employees in the accounting system.

• True

• False

There are 2 forms of accounting inspection: regular and irregular checks.

• True

• False

Accounting inspection requirements are careful, serious, honest, and objective.

• True

• False

When implementing financial accounting and management accounting, businesses must perform general accounting and detailed accounting simultaneously.

• True

• False