Accounting Online Quizzes Subject Knowledge

Accounting Quiz 07

Written by Muhammad Arslan

_________ is the first phase of accounting cycle?

Auditing is what?

Which of the following is the external user of financial statements?

For which step of accounting process the accountants of business entity prepare financial statements?

Identify the correct sequence of accounting process

In accounting an Economic event is referred to as:

Financial accounting provides financial information to all of the following external users except:

Bookkeeping mainly concerns with which part of accounting process?

Which of the following is the internal user of financial statements?

Keeping the log of financial information in books of original entries is called__________?

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