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unit 3

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

which is the proof of the goods delivery?

a)

Cash receive

b)

Purchase order

c)

GRN

d)

Delivery note

2.

Those who boring work - recording transactions in purchase ledgers and sales ledgers

a)

Accountants

b)

Auditors

c)

Bookkeepers

d)

Managers

3.

If you want to be helped when make a decision on loan, capital, restructuring planning your finance needs for the next 5 years, you should ask division

a)

Tax

b)

Advisory

c)

Audit

4.

Which accounting principle means that the company can't keep changing its accounting system every year?

a)

Prudent

b)

Consistency

c)

Going concern

5.

The account prepared by the business way to meet the law requirements

a)

A. Income statement

b)

B. Statutory statement

c)

A&B are wrong

6.

‘consistency’, ‘prudent’ and ‘going concern’ are principles in ….

a)

A.investing

b)

B.auditing

c)

C.Accounting

d)

D.both A and C

7.

……… is a document listing items to be bought and signed by a purchaser.

a)

credit note

b)

Sales invoice

c)

delivery note

d)

purchase order

8.

Câu 8: If you want to be helped when deciding which sectors and markets to work in, you should use services of ……………………….. division.

a)

Tax

b)

advisory

c)

Audit

9.

Câu 9 :……………… prepare the statutory accounts at the end of every financial.

a)

A.Accountants

b)

B.Auditors

c)

C.both A and B

10.

It is the job of auditors to give a “true and fair” view of the company’s finance

a)

True

b)

False

11.

The use of company’s accounting date by the managers for planning and control

a)

Financial accountant

b)

Management accountant

c)

Financial accounting

d)

Management accounting

12.

Those who interpret the transactions recorded by the bookkeepers

a)

Financial accountant

b)

Internal auditors

c)

Management accountants

d)

External auditors

13.

Those who need to verify that a company’s published financial statements give a true and fair view.

a)

Financial accountants

b)

Internal auditors

c)

Management accountants

d)

External auditors

14.

Statutory financial accounts refer to ….

a)

A.Balance sheet

b)

B.Cash flow statement

c)

C.Income Statement

d)

A, B & C

15.

Financial management consultants such as preparing tax returns, auditing a company's financial records, and designing strategies to reduce a company's tax obligations.

a)

True

b)

False

16.

Accountants perform services using their background in accounting and experience in the corporate world to help a company make intelligent strategic financial decisions.

a)

True

b)

False

17.

An auditor ensures the accuracy of the reported financial information for a company or individual. They are involved creating financial reports on a daily, monthly, quarterly or yearly basis

a)

True

b)

False

18.

Accountants create and maintain records and calculations for financial transactions. Their responsibilities include reviewing documents to ensure compliance with accounting standards and practices.

a)

True

b)

False

19.

Accountants may work for a business or individual

a)

True

b)

False

20.

……… is issued by suppliers

a)

A. Purchase order

b)

B. Good received note

c)

C. Credit note

d)

A, B & C