Use of accounting information

Use of accounting information

11th Grade

7 Qs

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Use of accounting information

Use of accounting information

Assessment

Quiz

Business

11th Grade

Easy

Created by

Gloria Basoalto

Used 4+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The usual punishment for doing something that is against the law

Bookkeeping

Tax

Penalties

Income

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A piece of paper that proves that money or goods have been received

Receipts

Audit

Tax

Bookkeeping

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that is earned from doing work or received from investments

Punishment

Income

Audit

Penalties

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To make an official examination of accounts of a business to produce a report

Bookkeeping

Revision

Audit

Income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something that makes you spend money

Income

Receipts

Tax

Expenses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money paid to the government that is based on your income or the cost of goods or services you have bought.

Accounting

Tax

Income

Bookkeeping

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The activity of keeping records of all the money a company spends and receives.

Writing

Bookkeeping

Recording

Audit