Meena quiz
Authored by meena balu
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5 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following activities is a business transaction that is not financial in nature?
Select one:
Statement of Cash Flows
Borrowing money from a bank
Purchase of Merchandise
Hiring of Staff
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Accounting being regarded as the performance of specific actions such as identifying, measuring, and communicating financial information is through the nature of accounting as ___________.
a skill
a process
a service activity
an art
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Accounting is the language of ______
Individual
society
Economy
Business
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
____ is the fundamental system of Accounting
Merchantile system
Cash system
Double Entry System
Single Entry System
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is not part of the accounting process?
Recording
Identifying
Financial decision making
Communicating
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