Ehab Abdou
Quiz by , created more than 1 year ago

Financial Accounting Test

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Ehab Abdou
Created by Ehab Abdou about 9 years ago
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ACC 111 - 1

Question 1 of 2

1

1. Accounting is ……………………………..

Select one of the following:

  • a. Consists of three basic activities.

  • b. Information System.

  • c. Provides information about economic entities.

  • d. All of the above

Explanation

Question 2 of 2

1

2. The partnership form of business organization

Select one of the following:

  • a. is a separate legal entity..

  • b. is a common form of organization for service-type businesses.

  • c. enjoys an unlimited life.

  • d. has limited liability.

Explanation