Financial accounting part 1 MEI

Collection of tasks for the discipline "Financial accounting", part 1
Task 1
Question 1. What is business accounting?
1. Business accounting is a way to control the activities of an organization.
2. Business accounting - one of the functions of managing an organization.
3. Business accounting - a system of observation, measurement and registration of material production processes in order to control and manage them in a specific system.
4. Business accounting - observation, measurement and registration of the process of material production.
5. Business accounting is a reflection and generalization of mass phenomena and patterns in the financial and economic activities of organizations.
Question 2. What types of business accounting do you know?
1. Current, financial, operational.
2. Operational, statistical accounting.
3. Statistical, managerial and regulatory accounting.
4. Accounting, operational and financial accounting.
5. Management and financial accounting.
Question 3. Accounting as a science consists of:
1. Of two independent parts.
2. Of three independent parts.
3. Of four independent parts.
4. From one independent part.
5. Of five independent parts.
Question 4. What are the independent parts of accounting?
1. Theory of accounting, financial and management accounting.
2. Financial and management accounting.
3. Business and financial accounting.
4. Theories of accounting and financial.
5. Administrative and economic.
Question 5. What is accounting?
1. This is an orderly system for collecting, registering and summarizing information in value terms about the assets, liabilities, income and expenses of the organization and their changes, formed by continuous, continuous, documentary reflection of all business transactions.
2. A set of methods, techniques for proper accounting.
3. Balance sheet generalization of property, liabilities and business transactions.
4. The way of knowing the subject.
5. Balance, double entry.
Task 2.
Question 1. The accounting system distinguishes between:
1. Management and financial accounting.
2. Business accounting.
3. Current, operational accounting.
4. Statistical accounting.
5. Normative.
Question 2. What is meant by management accounting?
1. Collection of all types of accounting information for internal use by management and managers who can develop and make informed management decisions.
2. Collection of all types of accounting information for external use.
3. Information about the costs of production.
4. Information about costing.
5. Formation of indicators of production and economic activities of the enterprise.
Question 3. What is meant by financial accounting?
1. Collection of data for public financial reporting.
2. Collecting data to identify financial results.
3. Collect data to identify production costs.
4. Collection of accounting information, which provides accounting and registration of economic transactions, as well as the preparation of financial statements.
5. Collection of data on the accounting of non-operating and extraordinary income and expenses.
Question 4. What are the requirements for accounting information?
1. Must be reliable.
2. Must be meaningful.
3. Must have predictive value.
4. Be up-to-date, understandable for persons who make or prepare appropriate managerial or other decisions.
5. All of the above.
Question 5. What are the basic requirements for accounting?
1. Accounting for property, liabilities and business transactions by double entry.
2. Accounting for property, liabilities and business transactions is kept in currencies