WorksheetsBookkeeping
Total questions: 10
Worksheet time: 5mins
1. What is the art of recording, classifying, summarizing financial transactions of a business enterprise and interpret the result thereof?
A. Accounting
B. Bookkeeping
C. Journalizing
D. Recording
2. What is the recording of the financial transactions of a business in a chronological and systematic manner?
A. Accounting
B. Bookkeeping
C. Posting
D. Reporting
3. Which of the following is a task of the accountant?
A. Archives and stores for easy retrieval
B. Prepares and provides on-going report
C. Classifies and records transactions accurately
D. Prepares tax reports and represents you to tax authorities
4. Which of the following is a task of the bookkeeper?
A. Prepares and provides on going report
B. Focus on the analysis of financial data
C. Provides overview of bookkeeping process
D. Assist with key financial planning decisions
5. During middle ages period, a more formal method of account-keeping method was developed by ______________.
A. bankers
B. merchant
C. merchant and bankers
D. none of the above
6. What year does an Italian friar, the father of accounting published his famous book “Summa de Arithmetica, Geometria, Proportioni et Proportionalita”.
A. 1944
B. 1494
C. 1449
D. 1949
7. Among are the task of the bookkeeper except _______________.
A. Prepares and provides on going report
B. Focus on the analysis of financial data
C. Archives and stores data for easy retrieval
D. Classifies and records transactions accurately
8. Who is a person whose job is to keep records of the financial affairs of a business.?
A. Accountant
B. Bookkeeper
C. Marketer
D. Seller
9. Who is the father of bookkeeping and accounting?
A. Lucas
B. Luca Bartolome Pacioli
C. Luca Bartolomi Pacioli
D. Lucas Bartolomes Pacholi
10. What is a professional who renders professional service for a fee and who is trained to interpret the data?
A. Accountant
B. Bookkeeper
C. Seller
D. Marketer
