Accountancy Basics Quiz
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Questions and Answers

What is the main focus of Accountancy?

  • Managing finances
  • Recording and analyzing financial transactions (correct)
  • Managing human resources
  • Creating marketing campaigns
  • Which of the following is achieved in a particular period or chapter?

  • Accountancy (correct)
  • Marketing
  • Human Resources
  • Finance
  • Which of the following is NOT a possible application of Accountancy?

  • Forecasting future financial trends
  • Preparing financial statements
  • Calculating employee salaries (correct)
  • Auditing financial records
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