Related Questions

Type of accounting, which reports financial and non-financial data about cost of material and acquiring of resources is classified as
A material accounting
B cost accounting
C supplies accounting
D business accounting
Type of accounting which measures, reports and analysis non-financial and financial information to help in decision making is called
A financial accounting
B management accounting
C cost accounting
D decision accounting
A balance sheet for a chemical plant shows its financial condition at any given date. It does not contain the __________ of the plant.
A Current asset
B Current liability
C Long term debt
D Profit
The economic life of a large chemical process plant as compared to a small chemical plant is
A Only slightly more
B Much more
C Slightly less
D Almost equal
An accounting which records and measures business transactions and is followed by general accepted accounting principles is classified as
A external accounting
B internal accounting
C business accounting
D financial accounting
70 students are enrolled in management, Accounting and Marketing course. 40 student are management,35 in accounting and 30 in marketing, 15 students are enrolled all course. How many student are enrolled in exactly tow of the course.
A 6
B 9
C 8
D 5
70 students are enrolled in Management, Accounting and Marketing. 40 students are in Management, 35 are in Accounting, and 30 are in Marketing. 15 students are enrolled in all three courses. How many of the students are enrolled in exactly two of the courses?
A 8
B 5
C 6
D 9
70 students are enrolled in Management, Accounting and Marketing courses. 40 students are in Management, 35 in Accounting and 30 in marketing. 15 students are enrolled in all three courses. l-low many of the students are enrolled in exactly two of the courses? '
A 6
B 9
C 8
D 5
In process costing method, when work done in current accounting period and beginning inventory before current accounting period, is classified as
A partial inventory costing method
B current period inventory method
C Last-in, first-out method
D First-in, first-out method
Which of the following statements best describes the purpose of financial accounting in a limited liability company?
A Assist in the day -to day management
B Ensure that the business pays -correct dividend
C Enable business to py correct amount of tax
D Help direction discharge their obligations to shareholder.

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