null
US
Sign In
Sign Up for Free
Sign Up
We have detected that Javascript is not enabled in your browser. The dynamic nature of our site means that Javascript must be enabled to function properly. Please read our
terms and conditions
for more information.
Next up
Copy and Edit
You need to log in to complete this action!
Register for Free
1291177
ACC341 - Topic 4
Description
Quiz on ACC341 - Topic 4, created by mentor on 15/09/2014.
Quiz by
mentor
, updated more than 1 year ago
More
Less
Created by
mentor
almost 10 years ago
1923
0
0
Resource summary
Question 1
Question
The ranking of items in a balance sheet by liquidity is an example of what type of scale?
Answer
Ordinal
Nominal
Interval
Ratio
Question 2
Question
What is the key advantage a ratio scale has over an interval scale?
Answer
Equal units
Equal gaps between units
A neutral zero point
Rank order
Question 3
Question
Which of the following is a characteristic of fiat measurement:
Answer
Consistency
Arbitrary definitions
Accuracy
Reliability
Question 4
Question
Accounting is best described as a form of:
Answer
Fundamental measurement
Derived measurement
Ratio measurement
Fiat Measurement
Question 5
Question
Reliability in measurement is best exhibited by which of the following accounting methods:
Answer
Continuously Contemporary Accounting
Historical Cost Accounting
Fair values
Present values
Show full summary
Hide full summary
Want to create your own
Quizzes
for
free
with GoConqr?
Learn more
.
Similar
Macbeth Quiz
PatrickNoonan
Biology Unit 1
anna.mat1997
BIOLOGY B1 5 AND 6
x_clairey_x
Maths Revision- end of year test
hannahsquires
SMART School Year Goals
Alice McClean
AQA Physics P1 Quiz
Bella Statham
GCSE Maths: Overview Note
Andrea Leyden
Certification Prep_1
Tonya Franklin
GCSE REVISION TIMETABLE
gracemiddleton
Using GoConqr to study geography
Sarah Egan
Muscles- Physiology MCQs PMU- 2nd Year
Med Student
Browse Library