Source Documents (Ch.6)
Cash Accounting & GST (Ch.7)
Income Statement (Ch. 9)
SPORTS!
Random Random
Random Math
Random Movies
Random Music
100
When a customer purchases goods using their credit card to pay, to whom do they owe the money for that purchase to?
Their Bank
100
List the four journals we have used in Unit 1 Accounting.
Cash Receipts Journal
Cash Payments Journal
Sales Journal
Purchases Journal
100
When a business generates a Net Loss during a reporting period – they are said to be "in the ?"
Red
100
In Cricket, LBW stands for:
Leg Before Wicket
100
Who is the current premier of Victoria (and my boss)?
Daniel Andrews
100
40 = ?
1
100
How many Harry Potter movies were made?
Eight
100
Travis Scott had a hit in 2018 with which song featuring Drake?
SICKO MODE
200
What is the name of the source document that verifies a credit purchase of supplies?
Purchase Invoice
200
When the overall change in the business’ Bank Account balance for a reporting period is negative (meaning they have had LESS Cash Receipts than Cash Payments) - this is known as a:
Cash Deficit
200
Revenues and Expenses are determined / calculated based upon which Accounting Assumption.
Accrual Assumption
(Revenues are recognised when earned and expenses are recognised when incurred)
200
The winner of the 2018 Brownlow Medal was:
Tom Mitchell
200
The name of Viewbank College's 2019 production is:
"Back to the 80's"
200
In 1998, Swiss watchmaker Swatch introduced a new line of watches that ran on a time system known as 'Swatch Internet Time'.
Instead of hours, minutes and seconds - 'Swatch Internet Time' used units of time known as .beats - with a normal day being 1000 .beats
Based on the above information, how many .beats are there in one hour?
= 1000/24
= 41.6 .beats in one hour
200
In 2019, there are two live-action remakes of Disney Animated movies from the 1990s - Aladdin and The Lion King.
Which of these two movies is older?
Aladdin (1992)
The Lion King (1994)
200
Before becoming a celebrated pop star in her own right, Beyonce Knowles was a member of which 1990s R&B group?
Destiny's Child
300
Which of the following is NOT a requirement of a valid tax invoice:
- the words ‘tax invoice’ stated clearly
- the name of the seller
- the Australian Business Number (ABN) of the seller
- the Australian Business Number (ABN) of the purchaser
- the date of the transaction
- the price of the transaction including the GST
- the amount of the GST charged.
The Australian Business Number (ABN) of the purchaser
300
Most Cash Flows are classified as 'Operating Activities'.
List the 6 possible Cash Flows that are NOT 'Operating Activities'
Investing:
- Cash Receipt for the Sale of a NCA
- Cash Purchase of a NCA
Financing
- Loan Received
- Capital Contributed
- Loan Repayment (Principal)
- Drawings
300
State the full and proper definition of an expense.
An Expense is defined as a decrease in assets OR increase in liabilities that leads to a decrease in owner’s equity (EXCEPT FOR Drawings).
300
In Cricket, batsmen / batswomen who are dismissed by the first ball they face are said to have been dismissed for a:
Golden Duck
300
Viewbank College was founded in 1994 as the result of a merger between Rosanna East High School and which other school?
Banyule High School
300
What is the next number in the Fibonacci Sequence below:
0,1,1,2,3,5,8,13,21,34,??
55
300
What is the full name of the character played by Sean Astin in the Lord of the Rings trilogy?
Samwise Gamgee
300
'My Heart Will Go' was the hit song that accompanied the 1996 blockbuster film 'Titanic'.
Which artist sung this song?
Celine Dion
400
When a customer returns faulty goods to a business, the business will issue a source document to that customer - reducing the amount the customer owes the business.
What is this source document known as?
Credit Note
400
State the formula used to calculate a business' Cash Flow Cover.
Cash Flow Cover = Net Cash Flows from Operation / Current Liabilities
400
List any 4 Cash Receipts that are not recorded as Revenue.
Receipts from Accounts Receivable
Loans Received
GST received
GST refund
Capital contributions
Cash Receipt from the Sale of an NCA
400
League of Legends and DOTA are popular Esports Games.
How many 'lanes' are there in a map for these games (between 2 to 6)?
Three
400
List 8 different types of makeup / cosmetic items.
- Moisturizer
- Primer
- Foundation
- Concealer
- Blush
- Eye shadow
- Eye liner
- Mascara
- Makeup Brushes
- Lipstick
- Bronzer
- Highlight
- Eyebrow Pencil
- Nail Polish
- False Eyelashes
- Contour Pallete
400
What is the formula to calculate the area of a circle?
Area = pi x radius2
400
The 2016 film 'The Accountant' starred which actor?
Ben Affleck
400
Complete the lyric from Rihanna’s hit 2011 song 'We Found Love':
“We found love in a...”
hopeless place.
500
The term 'EFTPOS' is an acronym for what?
Electronic Funds Transfer at Point Of Sale
(also accept Electronic Funds Transfer Point Of Sale)
500
A business lodges and pays their GST to the ATO (Australian Government) by preparing a BAS.
What does BAS stand for and how many times a year must it be prepared?
Business Activity Statement
Quarterly (4 times per year)
500
State the formula that is used to calculate the closing Capital Balance in the Balance Sheet for a reporting Period.
Initial Capital Balance
+ Capital Contributions (if applicable)
+ Net Profit (if applicable)
- Net Loss (if applicable)
- Drawings (if applicable)
500
What music genre is also the name of the NBA Basketball team based in Utah?
Utah Jazz
500
There are 12 independent countries in South America.
List seven of these countries.
Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay and Venezuela
500
What is the number of Pi rounded to five decimal places?
3.14159
500
Name 6 films directed by Steven Spielberg.
500
Order the following note lengths from shortest to longest:
crotchet, semiquaver, minim, semibreve, quaver
semiquaver (16th note)
quaver (8th note)
crotchet (quarter note)
minim (half note)
semibreve (full note)
600
Which soccer player was named the 2018 Young Australian of the Year?
Sam Kerr
600
Sort the following Fast Food Franchises according to number of outlets / stores in Australia - from most to least.
Red Rooster
McDonalds
KFC
Hungry Jacks
Subway
Subway (1400 approx)
McDonalds (970 approx)
KFC (600 approx)
Hungry Jacks (420 approx)
Red Rooster (360 approx)
600
Where would the number 11 be positioned in the below sequence?
8 5 4 1 9 7 6 10 3 2 0
Between 8 and 5
8 11 5 4 1 9 7 6 10 3 2 0
Alphabetic order - eight, eleven, five, four, nine, one, seven, six, ten, three, two, zero
600
What is the name of the species of creatures shown below from the Star Wars movies AND where do they live?
Ewoks from the forest moon of Endor.
600
Name four songs with 'Money' in the title.
Song name and artist.