QMUL School of Business and Management
BUS106: Accounting for Business
Questions- Introduction to Accounting
Seminar 1
商业会计代写 In addition to financial statements, how else might information be obtained about the position and performance of a company?
PART A: MULTIPLE CHOICE QUESTIONS 商业会计代写
1.To form a business as a sole proprietor you must:
a) Have a bank loan
b) Register your name with the Department of Trade and Industry
c) Be willing to take all the financial risks by yourself
d) Make public your financial accounts
2.To form a partnership you must:
a) Have at least four partners
b) Register your name with the Department of Trade and Industry
c) Have at least two partners
d) Make public your financial accounts
3.A limited company offers the advantage of:
a) Being very easily to establish
b) Complete financial secrecy
c) No legal formalities to meet
d) Limited financial risk to its owners 商业会计代写
4.The Companies Act 2006 applies only to:
a) All limited companies
b) All partnerships
c) All pubic limited companies
d) All private limited companies
5.Management Accounting is mainly concerned with:
a) Providing financial information to managers
b) Recording information for tax purposes
c) Communicating financial information to shareholders
d) Auditing the accounts of the company
6.It is a legal requirement that an audit is carried out on the financial records of:
a) A sole proprietor
b) A Partnership
c) A limited company
d) None of these
7.Which of the following is NOT one of the four sequential stages of an accounting information system? 商业会计代写
a) Information analysis
b) Information recording
c) Information identification
d) Information correcting
8.A business is normally created in order to ———————————-
a) maximise business profits
b) enhance the wealth of employees
c) maximise its sales revenues
d) enhance the wealth of its owners
9.Which of the following is an internal user of financial statements?
a) Customers
b) Management
c) Government
d) Lenders
10.Consider the following statements:
1.Financial accounting information does not include expectations concerning the future.
2.Management accounting information is free from regulations from external sources.
Which of the above statements are correct?
PART B 商业会计代写
1.a) Why is accounting information useful?
b) The financial statements of a business include a statement of financial position and an income statement. Briefly explain the difference between these two.
2.In addition to financial statements, how else might information be obtained about the position and performance of a company?
3.What are the main differences between financial and management accounting?
4.What are the pros and cons of establishing a business as a:
a) Sole proprietorship (or sole trader)
b) Partnership
c) Limited Company
5.What is the role of the “Board of Directors” of a limited company?
6.What is the role of the auditor of a limited company?
更多代写：北美经济学网课代上 gmat枪手 北美高校代网课 Academic source北美代写 代写Essay作业 Business Management代写
合作平台：essay代写 论文代写 写手招聘 英国留学生代写