Accounting Basics
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Assessment
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Beth Ratliff
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Specialty
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10th Grade
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67 plays
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Medium
Student preview
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28 questions
Show answers
1.
Multiple Choice
What is the system of accounting that all US businesses use?
GDP
GAPP
GAAP
General Journal
2.
Multiple Choice
Documents that summarize your businesses finances...
financial reports
journals
ledgers
income statements
3.
Multiple Choice
A block of time covered by an accounting report
fiscal year
calendar year
financial period
accounting period
4.
Multiple Choice
This runs from Jan 1 to Dec 31
accounting period
calendar year
Chinese calendar
fiscal year
5.
Multiple Choice
An accounting period that runs from Oct 1 - Sept 31
Chinese year
calendar year
fiscal year
seasonal year
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9th - 12th Grade
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