3NA HBL 13 Feb 2023 (Mdm Zaibon)
Quiz
•
Business
•
9th - 12th Grade
•
Medium
Tuan Ang
Used 2+ times
FREE Resource
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40 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is not a trading business?
Departmental store
Medical clinic
Stationery shop
Electronic Store
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a trading business?
Hair salon
Gym
Convenience store
Laundromat
3.
MATCH QUESTION
2 mins • 1 pt
Match the correct accounting theory to its respective explanation.
Transactions should be recorded at their original cost.
Matching
The life of a business is divided into regular time intervals.
Accountity entity
Expenses incurred are matched against income earned in the same period to determine the profit.
Historical Cost
Activites of business are separated from the actions of the owner.
Accounting period
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Cash transactions refer to payment being made at the same time or _______ during a cash sales or purchases.
5.
REORDER QUESTION
1 min • 1 pt
Arrange the different stages of the accounting cycle correctly.
Adjust
Identify and record
Close
Report
6.
REORDER QUESTION
1 min • 1 pt
Rearrange the different stages of the accounting information system correctly.
Trial Balance
Financial Statements
Journal
Ledger
Source document
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A receipt ________ payment received from customers immediately after the business has sold goods or provided services.
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