REVISION FOR YOU GUYS!!!

__________ is  process of identifying, classifying, recording and summarizing business transactions in monetary terms and communicating the results to decision makers.

• Budgeting

• Marketing

• Accounting

• Bookkeeping

_____________ is the residual amount after deducting all business assets with all business liabilities.

• Asset

• Liabaility

• Owner's equity

• Gross profit

WHAT FORMULA REFERS TO THE PICTURE ABOVE?

• Current ratio

• Debt Ratio

• Liquidity ratio

• Activity ratio

In Malaysia, what is the name of the act that the profession of an accountant is protected under ?

What is barter system ?

Which of the following is not an INPUT ?

• Flight crew

• Pilot

• Jet fuel

• Safe passengers

Which of these managers can be considered in an marketing management role within an organization?  (answer could be more than one)

• Sales Manager

• Digital marketer

• Social media specialist

• Audit Manager

In producing their electrical products, Excellent Electric company buy aluminum, copper, and gold from his supplier and keep it at the inventory store. Which type of inventories that refers to statement above ?

• Finished goods

• Work in progress

• Work through progress

• Raw materials

What is the second step of selection process ?

• selection test

• job interviews

• Reference checks

• Physical medical examination

1. 1. Demand for a product exceeds the supply whereby the management will look for ways to increase production.

2. 2. The product cost is too high and improved productivity is needed to push the cost down.

Which concept is suitable to be used for both situation above?

• Production concept

• Product concept

• Marketing concept

• Selling concept