FABM1

FABM1

11th Grade

65 Qs

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FABM1

FABM1

Assessment

Quiz

English

11th Grade

Practice Problem

Hard

Created by

vinsuhbyen luz

Used 1+ times

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65 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

is an association of Certified Public Accountants engaged in the various fields of accounting.

2.

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1 min • 1 pt

the accountant performs or offers to perform any activity that will result to the issuance of an attest report that is in accordance with professional standards

3.

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1 min • 1 pt

the accountant performs or offers to perform any activity that will result to the issuance of an attest report that is in accordance with professional standards

4.

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1 min • 1 pt

public accountants examine the financial statements in order to express an opinion on whether statements have been fairly presented or not.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

In this branch of public accounting, the accountant is a tax specialist. He or she is expected to be knowledgeable about revenue regulations and tax laws. He or she also represents the client in any tax-related case filed by the Bureau of Internal Revenue (BIR)

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Management consulting is an area in public accounting that involves financial planning and control, and the development of accounting and computer systems. The accountant advises management on matters such as the installation of an accounting system, finance, budgeting, business processes, introduction of new products, and other business activities.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

involves setting up systems of recording business transactions that are aggregated into financial statements. It includes the development and interpretation of accounting information intended to assist management in operating business.

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