Quiz Chapter 2 For Ais Course

4 Questions

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Organization Quizzes & Trivia

Multiple chioce


Questions and Answers
  • 1. 
    1- Which cycle includes interactions between an organization and its suppliers?
    • A. 

      A- Revenue cycle

    • B. 

      B- Human resources

    • C. 

      C- Expenditure cycle

    • D. 

      D- General ledger and reporting system

  • 2. 
    2- In which cycle does a company ship goods to customers?
    • A. 

      A- Production cycle

    • B. 

      B- Revenue cycle

    • C. 

      C- Financing cycle

    • D. 

      D- Expenditure cycle

  • 3. 
    3- Which of the following is the most useful for projecting the need for short-term borrowing?
    • A. 

      A- Income statement

    • B. 

      B- Cash budget

    • C. 

      C- Performance report

    • D. 

      D- Balance sheet

  • 4. 
    4- Which of the following would contain the total value of all inventory owned by an organization?
    • A. 

      A- Source document

    • B. 

      B- Cash budget

    • C. 

      C- General ledger

    • D. 

      D- Subsidiary ledger