Excel Basics
Excel WorksheetSheet
Access Basics
Access Worksheet
Hard
100
These are the 5 main activities involved in accounting
What are 1) Gathering financial information, 2) Preparing and collecting records, 3) Summarizing and classifying financial information, 4) Preparing formation reports and summaries and 5) Establishing controls to promote accuracy and honesty among employees?
100
lookup wizard
what Creates A Drop Down List Of Values To Choose From?
100
These 3 items are found at the very top of the balance sheet.
What are 1) Name of business, 2) Name of the financial statement and 3) Statement date?
100
This is what GAAP stands for
What are generally accepted accounting principles?
100
The cells selected are marked for cutting
What happens when you press Ctrl + X after selecting some cells in Excel?
200
This is the purpose of accounting
What is to 1)identify, 2)record and 3)communicate financial information?
200
Field
In A Database Table, The Category Of Information Is Called...
200
A balance sheet is prepared to in order to show this.
What is the financial position of a person or business?
200
This professional organization is responsible for the creation of GAAP
What is the Canadian Institute of Chartered Accountants (CICA)?
200
Edit >> Paste Special >> Transpose
Which command will you choose to convert a column of data into row?
300
These represent the types of business organizations that use accounting.
What are 1)sole proprietorships, 2)partnerships and 3)corporations?
300
This line on the balance sheet refers to money owed by a company
What is Accounts Payable?
300
A bank loan would be listed under this category on the balance seet.
What is the liabilities section?
300
This GAAP principle states that accounting for a business needs to be kept separate from the personal affairs of the owner.
What is the Business Entity Concept?
300
Records
What Are The Columns In A Microsoft Access Table Called?
400
These are 3 professional accounting organizations.
What are Chartered Accountants (CAs), Chartered General Accountants (CGAs) and Certified Management Accountants (CMAs)?
400
This is the difference between total assets and total liabilities.
What is Owner's Equity?
400
These are 3 examples of organizations that may be interested in a company's financial position.
What are 1) Labour Unions, 2) Banks and 3) Government?
400
The GAAP Principle states that accounting for a business should be fair and reasonable.
What is the Principle of Conservatism?
400
225
What Is The Maximum Length A Text Field Can Be?
500
This involves testing business records and procedures for accuracy.
What is auditing?
500
The term used to explain how quickly a company can convert assets into cash.
What is liquidity?
500
This is another term used on the balance sheet that refers to Owner's Equity.
What is capital?
500
This GAAP Principle states that a business will continue to operate until it no longer does.
What is the Continuing Concern Concept?
500
RDBMS
Microsoft Access Is A...