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Accounting as a rewarding career

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.
How many practical accountants are there in Malaysia?
a)
25000 to 50000
b)
50000 to 75000
c)
75000 to 100000
d)
Over 100000
2.

How many additional accountants are needed in Malaysia until 2020?

a)

Less than 20000

b)

20000 to 30000

c)

30000 to 50000

d)

Over 50000

3.
What is the average yearly income of accountants in Malaysia?
a)
20000 to 30000 Ringgits
b)
30000 to 40000 Ringgits
c)
40000 to 50000 Ringgits
d)
Over 50000 Ringgits
4.
in which of the following ways accountants DO NOT contribute to community?
a)
Providing tax returns
b)
Ensure transparency
c)
Help into  decision-making processes
d)
Management of the business
5.

Where and when was the first accounting system developed?

a)

Mesopotamia 4000 BC

b)

Egypt 1500 BC

c)

Europe 1600 AD

d)

China 1500 BC

6.
What is the role of internal auditor?
a)
Assisting the board to fulfill its oversight responsibilities
b)
Help to do risk management systems 
c)
Provide credibility to financial statements
d)
Maintain efficiency of the financial markets
7.
Which of the the following is NOT a specialization of accountants?
a)
Managerial Accounting
b)
Audit and taxation
c)
Financial engineering
d)
Forensic accounting
8.

Which one best describes the role of a forensic accountant?

a)

Investigate financial discrepancies and inaccuracies such as fraudulent activity, financial misrepresentation

b)

Calculating, preparing and submitting accounts and tax returns

c)

Advising about take overs and investment opportunities

d)

Analyse the performance of a business and advise on how to prevent problems

9.
Why do everybody needs at least basic knowledge of accounting?
a)
Gain a much deeper understanding of what goes on with their own finances
b)
To be able to communicate better with coworkers or supervisors
c)
It helps them to grow as academic level
d)
It narrows our sense of perceiving the world
10.

Which one of the following shows the top three specializations that are in high demand in Malaysia?

a)

Sales and marketing, accounting, engineering

b)

Mobile developers, accounting, marketing

c)

Cloud related jobs, accounting and engineering

d)

Digital media marketers, mobile developers, accountants

11.
How much of math knowledge do you know to become an accounting graduate?
a)
Basic math knowledge
b)
Advance math knowledge
c)
Intermediate math knowledge
d)
No math knowledge is needed
12.

Which one is Not correct about accounting and Finance?

a)

Accounting has a relatively narrow focus, while finance is wider-ranging

b)

Accounting focuses on the day-to-day financial reports and records, finance uses this same information to project future growth

c)

Accounting degree students will be more focused on professional principles and processes

d)

Those who study finance often specialize in auditing, risk assessment and international accounting