FNA LM

FNA LM

App that helps candidates to clear Line Manager interview. Especially develped for GTT candidates. This is a test version.

published on April 282 responses 0

Financial accounting is focused on the __________ financial statements of a company.

Financial accounting is focused on the __________ financial statements of a company.
External
Internal
Previous
None of the above

Large corporations must follow the _________  basis of accounting.

Large corporations must follow the _________  basis of accounting.

Financial statements report the fair market value of a company.

Financial statements report the fair market value of a company.
True
False

ABC Co. has current assets of $50,000 and total assets of $150,000. ABC has current liabilities of $30,000 and total liabilities of $80,000. What is the amount of ABC's owner's equity?

ABC Co. has current assets of $50,000 and total assets of $150,000. ABC has current liabilities of $30,000 and total liabilities of $80,000. What is the amount of ABC's owner's equity?
20000
30000
70000
120000

Which of the following is/are subfields of accounting? *

Which of the following is/are subfields of accounting? *
 Financial Accounting
 Cost Accounting
 Management Accounting
All of the above