Quiz 1 - Introduction to Accounting
Quiz by Rose Darren Buenaventura
Grade 11
Fundamentals of Accountancy, Business and Management 1
Philippines Curriculum: SHS Specialized Subjects (MELC)
Feel free to use or edit a copy
includes Teacher and Student dashboards
Track each student's skills and progress in your Mastery dashboards
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
8 questions
Show answers
- Q1He was known as the “Father of Accounting”?Amatino ManucciLuca PacioliLeonardo da VinciNicolas Petri30sABM_FABM11-IIIa-4
- Q2Give example of the different types of business according to ownershipCorporationPartnershipManufacturingCooperativeSole ProprietorshipServiceMerchandising30sABM_FABM11-IIIa-4
- Q3Accounting is a service activity. It decision makers by providing them financial reports that will guide them in coming up with sound decisions.Strongly DisagreeDisagreeAgreeNeutral30sABM_FABM11-IIIa-2
- Q4Also known as the language of the business because it communicates to the users of the financial information.Users re-arrange answers into correct orderJumble30sABM_FABM11-IIIa-1
- Q5Accounting is a service activity. It helps decision makers by giving them financial reports that will guide them in coming up with the sound decisions.truefalseTrue or False30sABM_FABM11-IIIa-2
- Q6Place this accounting process in proper order: Reporting, Communicating, IdentifyingUsers re-arrange answers into correct orderJumble30sABM_FABM11-IIIa-1
- Q7External user of financial information that uses financial reports for examining the feasibility of investing in a companyInvestorsCreditorsCustomersTax Authorities30sABM_FABM11-IIIa-7
- Q8The detailed study of accounting and the evolution of accounting theory began during this time. Social upheavals affecting government, finances, laws, customs and business had greatly influenced the development of accounting.30sABM_FABM11-IIIa-4
