Introduction to Accounting

Introduction to Accounting

9th - 10th Grade

12 Qs

quiz-placeholder

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Introduction to Accounting

Introduction to Accounting

Assessment

Quiz

Other

9th - 10th Grade

Practice Problem

Hard

Created by

Yap Joyce

Used 39+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Accounting is an information system that provides accounting information for _______________ to make informed decisions regarding the management of resources and performance of businesses.

owners

stakeholders

shareholders

managers

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Accountants acts as ______________ of the business to provide accounting information.

stakeholders

owners

shareholders

stewards

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What are the two types of business?

4.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

State the two ethics an accountant should uphold.

integrity

efficient

objective

meticulous

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

An accountant with integrity is ________________ and honest in all professional relationships.

unbiased

upright

straightforward

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

State the form of business ownership where an owner contributes his personal assets into the business?

Private Limited Company

Limited Liability Partnership

Sole Proprietorship

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

An accountant who is objective will not let bias, __________________________ or the undue influence of others override his or her professional judgement.

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