WorksheetsAccounting Book 1 Units 1-6
Total questions: 10
Worksheet time: 7mins
1. Which of the following are common jobs in the accounting field?
Auditor
tax accountant
Civil engineer
bookkeeper
Which of the following are examples of office supplies commonly used by accountants?
Calculators
Safety Helmets
Filing Cabinets
Printer Paper
Which steps are part of the bookkeeping cycle?
Recording Transactions
Preparing Financial Statements
Conducting Job Interviews
Posting to the General Ledger
Which of the following statements about International Accounting Standards (IAS) are true?
They help standardize financial reporting globally.
They are used in many countries worldwide.
They only apply to U.S. companies.
They ensure transparency in financial statements.
Which of the following are responsibilities of an accountant?
Repairing office computers
Ensuring tax compliance
Analyzing company expenses
Preparing financial reports
Which of these symbols are commonly used when working with large numbers in accounting?
K (thousand)
M (million)
L (liter)
B (billion)
Which of the following are common types of financial transactions recorded in the bookkeeping cycle?
Assets (equipment, land)
Employee performance reviews
Expenses (rent, salaries)
Revenue (sales)
Which of these organizations are involved in setting International Accounting Standards?
International Accounting Standards Board (IASB)
Financial Accounting Standards Board (FASB)
International Financial Reporting Standards (IFRS) Foundation
World Health Organization (WHO)
When writing financial reports, accountants often use commas to separate _________ _________.
(a)
Accountants use (a) to calculate complex financial equations.
