Saint Leo GBA398 CBK ACC quiz
Saint Leo GBA398 CBK-ACC quiz
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Saint Leo GBA398 CBK-ACC quiz
- Exam (elaborations) • 8 pages • 2017
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Question
Question 1
Which of the following is the chronological record of transactions?
1) Trial balance
2) Ledger
3) Account
4) Journal
Question 2
Which of the following is an asset that is expected to be converted to cash, sold, or consumed during the next year (or normal operating cycle if longer)?
1) Long-term asset
2) Quick liability
3) Liquid asset
4) Current asset
Question 3
Which of the following is not a use of international accounting standards?
1) As national requirements
2) As standa...
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