WorksheetsAccounting - FIR
Total questions: 20
Worksheet time: 5hrs 0mins
the amount of time over which an employee is paid
pay period
payroll
pay me back
calendar year
total amount of money an employee earns in a pay period
net pay
gross earnings
take home pay
payroll
The financial statement that reports the revenues and expenses for a period of time such as a year or a month is the:
Balance Sheet
Income Statement
Statement of Cashflows
None of These
Indirect costs like marketing costs, utilities, salaries of sales staff etc are called:
expense accounts
operating expenses
avoidable costs
monthly costs
Something that is legally owned by a person or company
Journal
Cash flow
Expense
Property
Money remaining after all expenses and taxes have been paid
Property
Net income
Balance sheet
Cash flow
Money that is spent to purchase goods or services provided by someone else
equity
expense
cash flow
equity
The accounting equation must always be
balanced
uneven
zero
equal to the square root of 5
Bookkeper
Helps the company to make smart investments
I'm currently looking for a job
Responsible for processing the record of a business’s financial activities
People employed by an outside firm of accountants and hired by a company to inspect its accounts
Tick (✓) the appropriate job(s) in the accounting area
A specialist who is able to give advice on matters of taxation
clerk
Management accountant
tax advisor
the set of rules and laws for a country which govern how accounts should be prepared
code of conduct
creative accounting
local accounting standards
a specialist whose job is to carefully check the accounts and accounting practices of a company
bookkeeper
auditor
income tax
the set of accounts which are prepared each year
code of conduct
auditor
annual financial statements
the use of holes in financial law to have an advantage or to show figures in a deceptive way
CA
confidentiality
creative accounting
a fully qualified accountant, holding current certification
AC
CA
Accountatnt
Companies which owe money
creditors
debtors
reserves
payers
The value of sales made
overdraft
cost of sales
turnover
netprofit
Money owed to banks
overdraft
reserves
net profit
stock
