Intelligent Accounting Masterclass Quiz 1

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Intelligent Accounting Masterclass Quiz 1 - Quiz

Questions and Answers
  • 1. 
    Which one of the below is an accounting software?
    • A. 

      Tally

    • B. 

      Troyee

    • C. 

      Xero

    • D. 

      All of the above

  • 2. 
    Who is known as father of accounting?
    • A. 

      Benjamin Fransisco

    • B. 

      Aristotle

    • C. 

      Luca Pacioli

    • D. 

      Luke Prinston

  • 3. 
    Which of the below is drawback of single entry bookkeeping?
    • A. 

      Partial & Incomplete records maintained

    • B. 

      Frauds & Error’s are difficult to detect

    • C. 

      None of the above

    • D. 

      Both of the above

  • 4. 
    Which one is the correct accounting cycle flow?
    • A. 

      Ledger > Adjusted Trial Balance > Financial Statement

    • B. 

      Journal > Trial Balance > Financial Statement

    • C. 

      Journal > Ledger > Financial Statement

    • D. 

      Trial Balance > Adjusted Trial Balance > Financial Statement

  • 5. 
    What is the Implementation time of Intelio?
    • A. 

      3 Days

    • B. 

      7 Days

    • C. 

      15 Days

    • D. 

      30 Days

  • 6. 
    Which one of the below is not a target sector of Intelio?
    • A. 

      Retail Sector

    • B. 

      Non Profit Organization

    • C. 

      Manufacturing Organization

    • D. 

      Tourism Sector

  • 7. 
    Which one of the below is most desired accounting software features?
    • A. 

      Multi Currency

    • B. 

      Financial Statement

    • C. 

      Mobile App

    • D. 

      Inventory Tracking

  • 8. 
    Which one of the below is biggest features of cloud accounting software?
    • A. 

      Financial Reports

    • B. 

      Inventory reports

    • C. 

      Fixed Asset Management

    • D. 

      Accessibility from anywhere

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