
1-1 The Accounting Profession
Quiz
•
Business
•
Professional Development
•
Medium
Marian Moore
Used 6+ times
FREE Resource
15 questions
Show all answers
1.
DRAG AND DROP QUESTION
3 mins • 5 pts
(a) is the process of (b) , maintaining, and reporting an organization's (c) and records.
2.
OPEN ENDED QUESTION
3 mins • 5 pts
What are the four primary accounting categories that are mentioned in this video?
Evaluate responses using AI:
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Answer explanation
1. Financial accounting,
2. Managerial accounting
3. Tax accounting, and
4. Accounting related,
3.
MATCH QUESTION
3 mins • 10 pts
Match the accounting categories with the job titles below.
Financial accounting
1. Estate Planning
2. Tax preparation
3. Tax policy
Tax accounting
1. Budget Analyst
2. Staff Accountant
3. Treasurer
Accounting-related
1. Bookkeeper
2. Auditor
3. Controller
Managerial accounting
1. Forensic Accounting
2. Trader
3. Mergers and Acquisitions
Answer explanation
1. Financial accounting,
2. Managerial accounting
3. Tax accounting, and
4. Accounting related,
4.
DRAG AND DROP QUESTION
3 mins • 10 pts
NETFLIX has over (a) million customers or subscribers, (b) employees, thousands of (c) or (d) , and billions of (e) and expenses every year.
Answer explanation
1. Financial accounting,
2. Managerial accounting
3. Tax accounting, and
4. Accounting related,
5.
DROPDOWN QUESTION
3 mins • 10 pts
In order for financial data and information to be useful, it needs to be reported in a (a) and accurate manner. Also, it needs to be (b) and digest and it needs to be
delivered in a (c) format over time so that users of this information can easily (d) it to prior (e) of time.
6.
FILL IN THE BLANK QUESTION
3 mins • 5 pts
Netflix's management relies on this _________________ to make quick confident and informed decisions about the company.
7.
OPEN ENDED QUESTION
3 mins • 5 pts
List at least four examples of decisions Netflix's management can make based on financial information.
Evaluate responses using AI:
OFF
Answer explanation
1. Growth strategies
2. Hiring additional employees
3. Paying off debt
4, Adding more debt
5. Raising capital in the equity markets.
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