Accounting

Accounting

1st Grade

31 Qs

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Accounting

Accounting

Assessment

Quiz

History, Mathematics, English

1st Grade

Hard

Created by

Lloyd Garcia

Used 12+ times

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31 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Accounting is Language of what?

Basic Accounting

Accounting

Business Risk

Accounting Develop

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

He is know as the father of Accounting?

Fr.Luca Pacioli

Lucca Paciolli

Luca Pacioli

Fr.Pacioli

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

It is balancing your daily expenditures against your limited earning or money is a difficult feat, And it will help you to prepare the budget?

risk

On a personal level

On a business level

Owner and investors

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How was the accounting develop?

The earliest accounting system found as early as 2000 BC in the cities of Babylonia,Greece,Egypt in 3500 in Assyria

The earliest accounting system found as early as 3500 BC in the cities of Babylonia,Greece,Egypt in 2000 in Assyria

The earliest accounting system found as early as 4000 BC in the cities of Babylonia,Greece,Egypt in 2000 in Assyria

The earliest accounting system found as early as 2000 BC in the land of Babylonia,Greece,Egypt in 3500 in Assyria

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What do you mean by business?

It is define as economic activity of buying and selling in order to obtain capital

It is define as economic activity of buying and selling in order to obtain huge income and salary

It is define as economic activity of buying and selling in order to obtain business income

It is define as economic activity of buying and selling in order to obtain profit

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This is an element of uncertainty in an outcome?

Investors

Sole proprietorship

Risk

Owner

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What are the two sources of CAPITAL?

Owner and partnership

Owner or investors and borrow

Investors and corporation

Corporation and investors

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