Pre-Test: Introduction to Accounting

Pre-Test: Introduction to Accounting

University

10 Qs

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Pre-Test: Introduction to Accounting

Pre-Test: Introduction to Accounting

Assessment

Quiz

Other

University

Practice Problem

Hard

Created by

Suhaida Jamlus

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of accounting?

To create business advertisements

To record and report financial information

To design company logos

To increase company sales

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bookkeeping is part of accounting that involves:

Planning business strategies

Preparing final accounts only

Recording financial transactions

Auditing financial reports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who among the following is an external user of accounting information?

Manager

Owner

Bank

Employee

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which field of accounting is mainly used by internal users for decision-making?

Financial Accounting

Tax Accounting

Auditing

Management Accounting

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The concept that assumes a business will continue to operate in the future is called:

Prudence Concept

Going Concern Concept

Objectivity Concept

Matching Concept

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounting provides information that is useful for:

Watching movies

Making financial decisions

Hiring new staff

Designing buildings

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a phase in the accounting process?

Classifying

Recording

Analyzing

Investing

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