Have an account?
Skip to Content
Introducing new Paper mode
No student devices needed. Know more
10 questions
Show Answers
See Preview
- Multiple ChoicePlease save your changes before editing any questions.
The purpose of accounting is to....
communicate information to interested users so that they can make informed decisions
communicate financial and non-financial information to interested users so that they can make informed decisions
communicate non-financial information to interested users so that they can make informed decisions
- Multiple ChoicePlease save your changes before editing any questions.
A liability is...
obligation of a business as a result of a past transaction
Something a business has to pay because of a past event
current obligation of a business as a result of a past transaction
- Multiple ChoicePlease save your changes before editing any questions.
An Expense is...
An expense is defined as a decrease in assets which can be a distribution to the owner
An expense is defined as an increase in assets which can be a distribution to the owner
An expense is defined as a decrease in assets which is not a distribution to the owner
- Multiple ChoicePlease save your changes before editing any questions.
Monetary measurement can be described as
items that can be given a money value are to be recorded in New Zealand Dollars
items that can be given a money value are to be recorded in the currency of the country they have been bought from
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following is an example of Income
Sales
Mortgage
Equipment
- Multiple ChoicePlease save your changes before editing any questions.
Double entry in accounting means there must be________ entries for every transaction?
two
Three
six
one
- Multiple ChoicePlease save your changes before editing any questions.
Accounting is referred to as the "language of ___________________."
Profit
Life
Accounting
Business
- Multiple ChoicePlease save your changes before editing any questions.Students at Cooper Elementary school took a survey about what kinds of pets they had at home. Then, students plotted that information on a frequency table.
How many kids have dogs and cats for pets?1912720 - Multiple ChoicePlease save your changes before editing any questions.
Diagram tersebut menunjukkan...
Korelasi positif
Korelasi negatif
Korelasi sempurna
Tidak berkorelasi
- Multiple ChoicePlease save your changes before editing any questions.Which statement best describes the relationship between x and y in the table?ProportionalNot Proportional