Bookkeeping and Introduction to Accounting
10th Grade
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Bookkeeping and Introduction to Accounting
Quiz
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Business
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10th Grade
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Practice Problem
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Medium
Jeniffer Nanlal
Used 14+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the options below is the correct definition of bookkeeping?
(A) Promoting a product or service.
(B) Exchanging a service for money.
(C) The process of recording, in the books of accounts, business transactions and managing those records.
(D) The difference between the amount earned and the amount spent in buying.
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The aim of every business is to?
(A) Provide housing for its clients.
(B) Earn a profit.
(C) Exchange money for advertisement.
(D) Have a board of directors.
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Money paid to the government through income and sales is?
(D) Human Resource
(A) Taxes
(B) Goods
(C) Scarcity
(D) Human Resource
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Expenditure is?
(A) The money we earn.
(B) The money we save.
(C) The money we get as gift.
(D) The money we spend.
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Paying the electricity and telephone bill for a business is a/an?
(A) Asset.
(B) Expenditure.
(C) Profit.
(D) Translation.
(A) Asset
(B) Expenditure
(C) Profit
(D) Translation
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The art of spreading marketing information through various media such as billboards, television, radio and social media is?
(A) Publishing
(B) Designing
(C) Politics
(D) Advertising.
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Paper Newspapers and paper magazines are examples of?
(A) Electronic Advertising.
(B) Billboard Advertising.
(C) Print Advertising.
(D) Television Advertising.
(A) Electronic Advertising
(B) Billboard Advertising
(C) Print Advertising
(D) Television Advertising
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