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This document contains a 13 question multiple choice and calculation test on basic accounting concepts. It covers topics such as: 1. The roles of accountants and bookkeepers. 2. The definition of assets and liabilities. 3. How financial statements are used by traders. 4. Recording business transactions. 5. Advantages and disadvantages of computerized accounting systems. 6. Calculating asset, liability, and equity balances after transactions occur. The test assesses understanding of fundamental accountin

Author

Magnolia Khine

Language

EN