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Question 11.What type of accountant doesn't typically communicate financial information to people or entities outside his organization?
Question 22.Which one of the activities is a bookkeeping activity?
Question 33.What are the rules and regulations that must be followed when reporting all financial data?
Question 44.What type of accountant deals with the fund system of accounting?
Question 55.What does ALOE stand for?
Question 66.What type of accountant must comply with GASB standards?
Question 77.Evan owns his own business running a coffee shop in a downtown area. Which principle must he remember that no matter what he does as a business owner, he must keep his personal dealings completely separate transactions?
Question 88.Which of the following is not an accounting activity?
Question 99.What type of accountant prepares financial statements for public release and consumption?
Question 1010.What is the formula for the basic accounting equation?
Question 1111.What accounting principle requires having the ability to rely on documented information to record financial data?
Question 1212.What must balance in a trial balance?
Question 1313.What does the term 'accounting' mean?
Question 1414.Why is accounting important to business?
Question 1515.Which one of the following documents is not utilized in bookkeeping?
Question 1616.What is the best explanation of a source document in bookkeeping?
Question 1717.When a criminal case is tried, the stenographer writes down every word of the proceeding. How does the principle of monetary management differ?
Question 1818.Which of the following is NOT a financial statement?
Question 1919.What type of accountant is hired by a company to verify the accuracy of the financial records of a company?
Question 2020.What accounting principle states that people involved in a transaction should not be personally related?
Fundamentals of Accounting Chapter Exam Instructions
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