ACCOUNTING AND FINANCE QUESTION
WITH CORRECT ANSWERS 2025/2026
Az captures za zcompany's zassets, zliabilities, zand zequity zat za zspecific zmoment zin
ztime. z- zCORRECT zANSWER z-balance zsheet
What zdo zyou zneed zto zknow zto zcalculate zyour zbreak-even zpoint? zSelect zall zthat
zapply. z- zCORRECT zANSWER z-Your zfixed zcosts
Your zvariable zcost
Your zunit zselling zprice
True zor zfalse: z Financial zanalysts z typically zevaluate zpossible z merger zand zacquisition zcandidates z on
z paper.
- z CORRECT z ANSWER z -False
Who zappoints zmembers zto zthe zPublic zCompany zAccounting zOversight zBoard? z- zCORRECT
zANSWER z- zThe zSecurities zand zExchange zCommission
Money z owed z to z a z supplier z is z considered z . z - z CORRECT z ANSWER z -a z liability
Bookkeeping zis z . z - z CORRECT z ANSWER z -
a z process z that z records z the zroutine zeconomic z activities z of z a z business
WITH CORRECT ANSWERS 2025/2026
Az captures za zcompany's zassets, zliabilities, zand zequity zat za zspecific zmoment zin
ztime. z- zCORRECT zANSWER z-balance zsheet
What zdo zyou zneed zto zknow zto zcalculate zyour zbreak-even zpoint? zSelect zall zthat
zapply. z- zCORRECT zANSWER z-Your zfixed zcosts
Your zvariable zcost
Your zunit zselling zprice
True zor zfalse: z Financial zanalysts z typically zevaluate zpossible z merger zand zacquisition zcandidates z on
z paper.
- z CORRECT z ANSWER z -False
Who zappoints zmembers zto zthe zPublic zCompany zAccounting zOversight zBoard? z- zCORRECT
zANSWER z- zThe zSecurities zand zExchange zCommission
Money z owed z to z a z supplier z is z considered z . z - z CORRECT z ANSWER z -a z liability
Bookkeeping zis z . z - z CORRECT z ANSWER z -
a z process z that z records z the zroutine zeconomic z activities z of z a z business
