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Accounting Flashcards | StudBud
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Accounting
Accounting
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#Accounting
Flashcards
20 cards
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Practice quiz
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Host live
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Questions
20
Answers
1
Your personality is what makes you the same as other people
False
Yes
No
True
2
A majority of businesses in the US are for profit businnesses
True
False
3
What is Accounting?
Makes business decisions
Provide clients with varying accounting services
Earn money for owners
Provide clients with varying accounting services
4
Accounting is just adding and subtracting?
False
True
5
What is value?
False
True
Help identify your preferences
Principles you live by and beliefs that are important to you
6
When and where was the Accounting Hall of Fame established?
1950
1970
1960
Now
7
which of these are different types of accountants?
Financial accounting
Tax Accounting
Financial accounting
8
What are some basic Accounting principles?
Monetary Unit
Consistency
Matching
Historical Cost
9
Accounting is boring?
True
False
10
The way you use your time, energy, and resources
Networking
Value
Skills
Lifestyle
11
You are more likely to enjoy a career that uses your individual interest
False
True
Wrong
Right
12
What is the approximate salary of a CPA?
50 a year
62,410 a year
50,00,000 a year
400,000 a year
13
A CPA must pass a national test but no specific experience is necessary to become certified.
True
False
14
Assessing your interest skills, and personality traits will help you to determine a career path
False
True
15
Accounting is needed?
True
False
16
The internet and professional organizations are good sources for career information.
False
True
17
What is a For-Profit organization?
Business that operates to earn money for themself
Business that operates to earn money for owners
Business that operates to earn money for school
Business that operates to earn money for the government
18
A set of unique abilities that make us different
Personality
LeBron
Kobe
Skills
19
What is a certified public accountant?
🤣😂🤣
Met education and experience need and passed a national test
Help identify your preferences
Earn money for owners
20
Who uses Accounting?
Investors
creditors
Management accounting
Tax Accounting
