ACCOUNTING COMPETENCY EXAM
ACCOUNTING COMPETENCY EXAM
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ACCOUNTING COMPETENCY EXAM
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ACCOUNTING COMPETENCY EXAM
SAMPLE EXAM
1. The accounting process does not include:
a. interpreting
b. reporting
d. observing
e. classifying
c. purchasing
2. The financial statement or statements that pertain to a stated period of time is (are) the:
a. balance sheet
b. balance sheet and journals
c. balance sheet and income statement
d. income statement
e. none of the above
3. External users of financial accounting information include:
a. lenders
b. prospective owners
d. labor...
Exam (elaborations)
ACCOUNTING COMPETENCY EXAM
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ACCOUNTING COMPETENCY EXAM SAMPLE EXAM 1. The accounting process does not include: a. interpreting b. reporting d. observing e. classifying c. purchasing 2. The financial statement or statements that pertain to a stated period of time is (are) the: a. balance sheet b. balance sheet and journals c. balance sheet and income statement d. income statement e. none of the above 3. External users of financial accounting information include: a. lenders b. prospective owners d. labor...
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