
Trial Class Accounting BiOn
Authored by Made Irma Lestari
Social Studies
1st Grade
Used 2+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of accounting?
Calculate taxes
Provide financial information for decision making
Record financial transactions
Prepare profit and loss statements
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The financial statement that shows the financial position of a company at a specific date is:
Income statement
Cash flow statement
Balance sheet
Statement of changes in equity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financial accounting emphasizes more on:
Recording transactions for internal management
Preparing financial statements used by external parties
Budget planning
Strategic decision making
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is included in current assets on the balance sheet?
Land and buildings
Accounts receivable and inventory
Long-term debt
Share capital
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The difference between debit and credit is:
Debit always indicates expenditure, credit always indicates income
Debit indicates an increase in assets, credit indicates an increase in liabilities
Debit always increases liabilities, credit always decreases liabilities
Both debit and credit indicate changes in equity
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meant by "modal disetor"?
Capital owned by the company after profits are distributed
Capital that comes from loans
Capital deposited by owners or shareholders
Capital used to pay debts
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meant by accrual-based accounting?
Recognition of revenue and expenses based on cash received and paid
Recognition of revenue and expenses when transactions occur, even if money has not been received or paid
Recording transactions only if there is proof of payment
Not recording transactions involving cash
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
11 questions
Final accounts
Quiz
•
1st - 3rd Grade
12 questions
#BreakTheBias
Quiz
•
KG - 2nd Grade
10 questions
Basic Mgt
Quiz
•
1st Grade
13 questions
Carte de Débit vs carte de crédit
Quiz
•
1st Grade
10 questions
ISLAMIC FINANCIAL INSTITUTION
Quiz
•
1st Grade
15 questions
ESG issues for finance and investing
Quiz
•
1st - 12th Grade
14 questions
Les politiques économiques dans le cadre européen
Quiz
•
1st - 12th Grade
10 questions
SOAL MANUFAKTUR KELAS XII AKL 2 BAG 2
Quiz
•
1st Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
10 questions
Probability Practice
Quiz
•
4th Grade
15 questions
Probability on Number LIne
Quiz
•
4th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
6 questions
Appropriate Chromebook Usage
Lesson
•
7th Grade
10 questions
Greek Bases tele and phon
Quiz
•
6th - 8th Grade