ACC 111 - 1

Description

Financial Accounting Test
Ehab Abdou
Quiz by Ehab Abdou, updated more than 1 year ago
Ehab Abdou
Created by Ehab Abdou almost 10 years ago
356
0

Resource summary

Question 1

Question
1. Accounting is ……………………………..
Answer
  • a. Consists of three basic activities.
  • b. Information System.
  • c. Provides information about economic entities.
  • d. All of the above

Question 2

Question
2. The partnership form of business organization
Answer
  • a. is a separate legal entity..
  • b. is a common form of organization for service-type businesses.
  • c. enjoys an unlimited life.
  • d. has limited liability.
Show full summary Hide full summary

Similar

Bonds Payable
Mikee Sevilleno
The Income Statement, Comprehensive Income, and Accounting Changes
Donald Foss
Chapter 2
Angelica Vannarath
WEAF - AAT2
Liz Barraclough
Financial accounting
leezuk
Financial Accounting
Carmen Carselle
Chapter 1 - Accounting in Action
Yagnesh
Financial Accounting
Amber Harper-Slaboszewicz
MGMT 301 Chapter 1
lmhatchard
Internal Controls
hawkzgirl
Modelo de Prueba de Certificación SAP FI
Ricardo Zárate