Accounting Principles Quiz

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By SkillfulHill

Quiz

Flashcards

10 Questions

Which field of accounting concentrates on information for internal use by management?

What is the main focus of financial accounting?

What is another term often used interchangeably with 'accounting'?

Who are the external users of financial information in an organization?

What does tax accounting primarily focus on?

What does microeconomics primarily analyze in the economy?

Which branch of economics describes 'what ought to be'?

What does macroeconomics analyze as a system?

Which economic theory distinguishes between rational and behavioural economics?

What do the factors affecting the economy include, according to the text?

Description

Test your knowledge of accounting principles and concepts with this quiz. Challenge yourself with questions about financial statements, balance sheets, income statements, and more. See how well you understand the language of business and financial reporting.

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