Introduction To Accounting

3 Questions

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Accounting Quizzes & Trivia

This quiz is intended to find out how much the students know about business from their daily experiences.

Questions and Answers
  • 1. 
    • A. 

      To provide jobs

    • B. 

      To provide goods and services

    • C. 

      To earn profits

    • D. 

      To develope the community

  • 2. 
    Which of the following persons are most likely to use accounting information?
    • A. 

      Business owners

    • B. 

      Lending institutions

    • C. 

      All of the above

    • D. 

      None of the above

  • 3. 
    The difference between the sale of an item and what it cost the get the item sold is called