WorksheetsEY Quizz
Total questions: 10
Worksheet time: 5mins
Which of the following is NOT an asset?
Investment Property
Deposits
Leases
Intangibles
The role of an auditor is to...
Provide an opinion on the financial statements
Attend the Annual General Meeting
Tally the Balance Sheet
Report to the Board of Directors
The accounting system is used by a business to...
Analyse transactions
Handle routine bookkeeping tasks
Classify and summarize financial information
All of the above
Which of the following services are NOT provided by EY?
Secretarial services
Assurance
Consultancy
Tax
The process of recording is done...
Twice a year
Once a year
At the end of an accounting period
Frequently during the accounting period
Current assets consist of: Inventory, Cash in hand, Cash in bank, and _____
Trade Payables
Accrued Expenses
Trade Receivable
Deferred Revenue
This kind of audit is conducted generally in between two annual audits
Internal Audit
Interim Audit
Final Audit
External Audit
Salaries $5,100 wrongly posted to salaries account as $1,500 is an example of...
Error of principle
Compensating error
Error of commission
Error of transposition
Which is an incorrect statement?
Cash flow analysis may indicate fraud and embezzlement.
Cash is the favourite target of fraudsters.
Theft is similar to embezzlement.
None of the above is incorrect.
Joining EY will...
Give you a head start and boost your career
Give you exposure to all business sectors
Give learning experience for all service lines
Brighten your future
