Business

8th -

11thgrade

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ITA - Accounting Basics

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15 questions

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  • Multiple Choice
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    45 seconds
    1 pt

    Accounting is ________

    counting and recording money.

    systematically recording and analysing financial information.

    analysing and interpreting financial information.

    systematically recording, analysing and interpreting financial information.

  • Multiple Choice
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    45 seconds
    1 pt

    Accounting is done ______

    to give smart people work to do.

    to know how much money the business owner has.

    to allow users to make informed financial decisions.

    to ascertain the amount of money a business has at the bank.

  • Multiple Choice
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    45 seconds
    1 pt

    Accounting is used for all of the following EXCEPT for _________

    going on vacation.

    measuring wealth.

    assisting in decision making.

    investing in startup and expansion of a business.

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