Accounting
Authored by Nadeen Selim
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12th Grade
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The definition of accounting is: The classifying and ....of financial events and transactions to provide management and other interested parties the information they need to know to make good decisions.
Adjusting, analyzing and recording
Recording, explaining, interpreting
Recording, summarizing and interpreting
All of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It's the Area of accounting that is used to provide information and analyses to mangers within the organization to assist them in decision making.
Private accountant
Certified management accountant (CMA)
Financial accounting
Managerial Accounting
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the accounting cycle the first THREE steps are:
Analyze source documents, Record Transactions in Journal, Transfer journal entries to ledger.
Take a trial balance, Prepare Financial statement, make decision
Analyze financial statements, analyze accounting decisions.
Record transactions into journals, prepare balance sheet.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An accountant who passes a series of examination established by the American institute is called
Auditor
Managerial accountant
Certified Public Accountant
None of the Above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the accounting cycle “ Preparing Financial Statement” is step number
1
3
5
6
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