Accounting, Bookkeeping, and Its Business Environment

Accounting, Bookkeeping, and Its Business Environment

9th - 10th Grade

15 Qs

quiz-placeholder

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Accounting, Bookkeeping, and Its Business Environment

Accounting, Bookkeeping, and Its Business Environment

Assessment

Quiz

Social Studies

9th - 10th Grade

Hard

Created by

Fatima Janaban

Used 26+ times

FREE Resource

15 questions

Show all answers

1.

OPEN ENDED QUESTION

20 sec • 1 pt

Media Image

What is your name?


State your full name.

Evaluate responses using AI:

OFF

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Accounting is the systematic process recording of business transactions to its respective journals and ledgers in a prescribed manner.

True

False

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Accounting is defined by PICPA as service activity. PICPA stands for ________________________.

Philippine Institute of Certification of Public Accountant

Philippine Institute of Certified Private Accountant

Philippine Institute of Certified Public Accountant

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which is not an example of internal users?

employees

government

investors

owner

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which is an example of external users?

employees

government

investor

owner

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A business owned and managed by two or more persons who have an agreement of contribution.

sole proprietorship

partnership

corporation

cooperative

7.

FILL IN THE BLANK QUESTION

10 sec • 1 pt

Assets = liabilities ___ owner's equity

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