wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

WEEK 1 & 2

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

Accounting is a process of __________, __________ and___________ economic information that is useful in making economic decisions.

a)

analyzing

b)

identifying

c)

communicating

d)

recording

2.

Accounting is said to be the ___________ of a business.

a)

mind

b)

heart

c)

backbone

d)

soul

3.

Only ACCOUNTABLE EVENTS are recorded in the accounting books.

a)

True

b)

False

4.

Where are accountable events recorded?

a)

Diary

b)

Journal

c)

Ledger

d)

Receipts

5.

Bookkeeping is about keeping the record books accurate on a daily basis

a)

True

b)

False

6.

Accountants can not teach in schools.

a)

True

b)

False

7.

This is a field in accounting profession where accountants work for the departments in the government.

a)

Public

b)

Government

c)

Private

d)

Educational

8.

All aspiring CPA should not be convicted of any criminal offense.

a)

True

b)

False

9.

In making the business plan, this person makes sure that the business operation runs smoothly

a)

Marketing Officer

b)

Advertising Officer

c)

Logistics and Quality Assurance Officer

d)

Business Manager

10.

They are given access to financial documents in order to know the their future salary and job security and profitability and stability of the business.

a)

Managers

b)

Employees

c)

Business Owner

11.

Which is an example of a hybrid business.

a)

South Mansfield College

b)

Shakey's

c)

Landmark Department Store

d)

Honda Cars