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Quiz/Activity# 2 Fabm 1 Accounting Enhancement Chapter 1-3: (Last Name) (First Name) (Middle Initial) (MM/DD/YYYY)

This document contains a quiz with multiple choice and fill-in-the-blank questions about accounting fundamentals from chapters 1-3. The quiz covers topics such as the definition of accounting, the types of information and major facets of a business, the functions of a manager, branches of accounting, users of accounting information, forms and types of business organizations, basic accounting concepts, accounting standards, regulatory bodies, and qualitative characteristics of accounting information. The student is expected to demonstrate their understanding of these core accounting topics.

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Ramil Elambayo
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55 views2 pages

Quiz/Activity# 2 Fabm 1 Accounting Enhancement Chapter 1-3: (Last Name) (First Name) (Middle Initial) (MM/DD/YYYY)

This document contains a quiz with multiple choice and fill-in-the-blank questions about accounting fundamentals from chapters 1-3. The quiz covers topics such as the definition of accounting, the types of information and major facets of a business, the functions of a manager, branches of accounting, users of accounting information, forms and types of business organizations, basic accounting concepts, accounting standards, regulatory bodies, and qualitative characteristics of accounting information. The student is expected to demonstrate their understanding of these core accounting topics.

Uploaded by

Ramil Elambayo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

LYCEUM NORTHWESTERN UNIVERSITY – COLLEGE OF BUSINESS EDUCATION

NAME: DATE: _
(Last Name) (First Name) (Middle Initial) (MM/DD/YYYY)

COURSE AND YEAR: RATING:

QUIZ/ACTIVITY# 2
FABM 1 ACCOUNTING ENHANCEMENT CHAPTER 1-3
Enumeration
1. Essential elements of the definition of accounting
a.
b.
c.
2. Types of information provided by accounting
a.
b.
c.
3. Major facets of a business
a.
b.
c.
d.
4. Functions of a manager
a.
b.
c.
d.
e.
5. Branches of accounting
a. g.
b. h.
c. i.
d. j.
e. k.
f. l.
6. Users
a.
1.
2.
3.
b.
1.
2.
3.
4.
1
CHEATING IS EASY...TRY SOMETHING MORE CHALLENGING.. LIKE BEING ABLE TO ANSWER IT ALONE DURING EXAM
LYCEUM NORTHWESTERN UNIVERSITY – COLLEGE OF BUSINESS EDUCATION

5.
6.
7.
7. Forms of business organizations
a.
b.
c.
d.
8. Types of business organizations
a.
b.
c.
d.
9. Basic accounting concepts
a. g.
b. h.
c. i.
d. j.
e. k.
f. l.
10. Accounting standards
a.
b.
c.
11. Regulatory bodies
a.
b.
c.
d.
12. Fundamental qualitive characteristics
a.
1.
2.
3.
b.
1.
2.
3.
13. Enhancing qualitative characteristics
a.
b.
c.
d.

2
CHEATING IS EASY...TRY SOMETHING MORE CHALLENGING.. LIKE BEING ABLE TO ANSWER IT ALONE DURING EXAM

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