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5th Grade

5 Qs

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Assessment

Quiz

Business

5th Grade

Medium

Created by

Dung Nguyễn

Used 2+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a very large company, managing the total level of working capital would probably be the responsibility of the

Finance director

Chief accountant

Treasurer

Management accountant

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Joseph has just started his first job in an accountancy department. A qualified senior member of staff explains to him what the main aim of accounting is. Which of the following options is the correct aim of accounting?

To maintain ledger accounts for every asset and liability.

To provide financial information to users of such information.

To produce a trial balance.

To record every financial transaction individually.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There is no legal requirement for companies to have a management accounting function. Is this statement TRUE or FALSE?

true

false

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT true about Schein cultural theory?

There exists a little influence on organization culture by who leads the organization.

If leaders are to lead, then it is essential that they understand the levels of organizational culture.

Schein's cultural theory is sometimes represented as the Iceberg concept.

Espoused values are the strategies and goals of an organization, including company slogan.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an element of fiscal policy?

Government spending

Government borrowing

Taxation

Exchange rates