
Accounting Mid-Unit Review
Authored by Kameron Kalolo
Business
9th - 12th Grade
Used 4+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of recording, maintaining, and reporting an organization’s financial transactions and records is...
Finance
Accounting
Payroll
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Management uses financial information to make decisions about...
Growth strategies
Hiring additional employees
Paying off debt
What color shirt to wear
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An investor is someone who...
Buys stock in the company
Is CEO of the company
Shops at the business
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What focuses on the MANAGEMENT of the assets, liabilities, and cash flow of an organization?
Accounting
Finance
Payroll
Shareholders
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What refers to a business that works with their clients to help prepare reports and review (audit) financial information for accuracy and completeness before it is shared publicly?
Private accounting
Public accounting
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What refers to a role inside a company that helps record transactions and prepare/analyze financial statements and reports?
Public accounting
Private accounting
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the system of accounting used by governments and non-profit organizations to group resources into specific funds so they know what resources are available to complete a specific purpose or task?
Private accounting
Public accounting
Fund accounting
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