ABM first long quiz 2018

123456789101112131415161718192021222324252627282930
Across
  1. 3. Determines whether to buy, hold or sell their investments.
  2. 4. For every value received, there is value ________ with.
  3. 5. First stage of Accounting where the effect of a transaction into the business is determined.
  4. 8. Sheet The type of financial statements where assets, liabilities and equity could be found.
  5. 9. Determines the ability of the borrower to pay their loans.
  6. 10. Scope of practice of an accountant that works as Accounting Teacher.
  7. 13. ______________, Quality of Service, Professionalism and Credibility are Objectives of the Code of Ethics for Professional Accountants?
  8. 17. In _________ proprietorship, the single owner receives all profits, absorbs all losses and is solely responsible for all debts of the business.
  9. 18. _________ Practice is scope of practice of an accountant where he establishes his firm to render professional service to the public on a fee basis.
  10. 23. An accountant who passed examination from Institute of Management Accountants.
  11. 24. An accountant follow this fundamental principles when he should not disclose any information from the client without proper authority.
  12. 26. Stage of Accounting where sorting and grouping of transactions into particular accounts is made.
  13. 27. An accountant who passed examination from Institute of Internal Auditors.
  14. 29. A type of activities such as accounting and audit firms, law firms, beauty salons, electricity, schools, etc.
  15. 30. Government _____________ are interested in collecting tax and permits from the business?
Down
  1. 1. An accountant also follow this when he should be honest in performing professional services.
  2. 2. Stage of Accounting where analyzed transactions were written/entered in Journals.
  3. 6. Scope of practice of an accountant that works as Tax Examiner in the Bureau of Internal Revenue.
  4. 7. Determine the ability of the employer to pay salaries and benefits.
  5. 11. Companies purchase goods that are ready for sale and then sell these to customers
  6. 12. Companies buy raw materials, convert them into finished products, and then sell the products to other companies or to final consumers.
  7. 14. An accountant follow this fundamental principles when he should be fair in dealing with all types of clients.
  8. 15. An accountant who passed examination from Professional Regulation Commission.
  9. 16. Last stage of Accounting where business decision of the business owner would be derived.
  10. 19. __________ and Industry is a scope of practice of an accountant that works as Accounting Supervisor in a private corporation.
  11. 20. If Fundamentals of Accounting 1 is a subject then what is the Profession?
  12. 21. A _________________________ is a business owned by its stockholders.
  13. 22. Business owned and operated by two or more persons who contribute money, property, or industry to a common fund, with the intention of dividing the profits among themselves.
  14. 25. Who wants to determine the activities of the business for planning, organizing, delegating and controlling?
  15. 28. is a set of moral principles and values that such an accountant’s proper conduct maybe guided.