Question1: Which of the following is not one of the three forms of business organization?
[A] Proprietorships
[B] Investors
[C] Corporations
[D] Partnerships
Question2: Find the following groups uses accounting information to determine whether the company’s net income will result in a stock price increase?
[A] Creditors
[B] Chief Financial Officer
[C] Investors in common stock
[D] Marketing managers
Question3: The liability created by a business when it buy coffee beans and coffee cups on credit from suppliers is termed a(n)
[A] Revenue
[B] Expense
[C] Account payable
[D] Account receivable
Question4: The statement of cash flows would disclose the payment of a dividend
[A] In the investing activities section
[B] In the financing activities section
[C] Nowhere on the statement
[D] In the operating activities section
Question5: Which of the following groups uses accounting information to determine whether the company can pay its obligations?
[A] Creditors
[B] Chief Financial Officer
[C] Investors in common stock
[D] Marketing managers