Professional Development

ACC QUIZ

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25 questions

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  • 1. Multiple-choice
    30 seconds
    1 pt
    Valuable resources acquired at a measurable money cost owned by the business is called..
    Capital
    Liabilities
    Assets
    Drawings
  • 2. Multiple-choice
    30 seconds
    1 pt
    The assets which cannot be realised in cash are…
    Fictitious assets
    Nominal assets
    Fictitious and nominal assets
    None
  • 3. Multiple-choice
    30 seconds
    1 pt
    Goods for resale are called..
    Sales
    Merchandise
    Sales return
    None
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