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What do you know about Accounting? Flashcards | StudBud

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What do you know about Accounting?

8 terms·StudBud Administration·379 plays

Blind Quiz to determine what students know about Accounting

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Questions 8

Answers

1
What does an Accountant do?
Cook the books
Record, report and analyse financial information
Prepare financial reports for a business
Give advice to business owners
2
What is the Accountants answer to 2 + 2 =
What do you want it to be?
2.2
4
22
3
What does GST stand for?
Goods and Services Tax
Gold and Silver Tax
Goods and services terms
Go Stand There
4
Is money and profit the same?
No
Yes
5
Why do people go into business?
Because they do not liking working for someone else
To make a difference
To make money
To make a profit
6
What do you think is the most important skill you need to have in Accounting
Being good at Maths
Being able to analyse information
Being creative
Being able to think
7
What is a bookkeeper
A person who helps an Accountant
A person that does the record keeping for a small business
A person who keeps books
Another word for a librarian
8
Does having money in the bank indicate that the business is successful?
No
Maybe
Of course