Introduction to Accounting Quiz

Introduction to Accounting Quiz

11th Grade

50 Qs

quiz-placeholder

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Introduction to Accounting Quiz

Introduction to Accounting Quiz

Assessment

Quiz

Other

11th Grade

Practice Problem

Medium

Created by

christine joy paz

Used 1+ times

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50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The external users are those who plan, organize and operate the business.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Management is a primary internal user of accounting information.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Customers are not external users of accounts.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Mesopotamia, record-keeping was done through 'Clay Triangle Drawing' as evidence of recording transactions.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounting is a process.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounting is NOT an information system.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounting is NOT the language of business.

TRUE

FALSE

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