Settlement Transactions Challenge.( Form 4, Accounting General)

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In this game, players will determine whether various nouns related to settlement transactions are applicable or not. Players will respond with ✅ for applicable nouns and ❌ for non-applicable nouns. Test your knowledge of accounting terminology and concepts!

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YAKILI LMS

Cameroon

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Settlement Transactions Challenge.( Form 4, Accounting General)


Settlement Transactions Challenge.( Form 4, Accounting General)Online version In this game, players will determine whether various nouns related to settlement transactions are applicable or not. Players will respond with ✅ for applicable nouns and ❌ for non-applicable nouns. Test your knowledge of accounting terminology and concepts! by YAKILI LMS 1 Is a chair considered an accounting document? Yes No 2 Is a statement (e.g. bank statement) an accounting record? Yes No 3 Is a book an accounting document? Yes No 4 Is an invoice an accounting document? Yes No 5 Is a cup considered an accounting document? Yes No 6 Is a receipt an accounting document? Yes No 7 Is a ledger an accounting record? Yes No 8 Is a computer an accounting document? Yes No 9 Is a transaction recorded in accounts? Yes No 10 Is a balance (e.g. trial balance) an accounting concept? Yes No 11 Is an account a basic element of accounting? Yes No 12 Is “credit” a term used in accounting entries? Yes No 13 Is “debit” a term used in accounting entries? Yes No 14 Is a trial balance a report listing all ledger account balances? Yes No 15 Is a tree considered an accounting document? Yes No 16 Is a shoe considered an accounting document? Yes No 17 Is the ocean an accounting concept? Yes No 18 Is a mountain an accounting concept? Yes No 19 Is a pencil considered an accounting document? Yes No 20 Is “payment” recorded in accounting? Yes No 21 Can a giro be used for direct payments? Yes No 22 Is a giro a type of credit card? Yes No 23 Can a giro be set up for recurring payments? Yes No 24 Are giros commonly used in Europe for payments? Yes No 25 Is a giro a method of transferring money? Yes No 26 Are giros not recognized by banks? Yes No 27 Can a bank cheque bounce like a personal cheque? Yes No 28 Is a bank cheque a guaranteed form of payment? Yes No 29 Does a bank cheque not require a payee? Yes No 30 Are giros only used in online shopping? Yes No 31 Can giros be processed electronically? Yes No 32 Are giros only available in cash form? Yes No 33 Can a bank cheque be written for any amount without limits? Yes No 34 Are bank cheques only used for international transactions? Yes No 35 Are bank cheques issued by banks? Yes No 36 Are bank cheques considered safer than personal cheques? Yes No 37 Are bank cheques not traceable? Yes No 38 Are giros a form of investment? Yes No 39 Are bank cheques often used for large transactions? Yes No 40 Do bank cheques require the signature of the account holder? Yes No 41 Is petty cash an account used to record small, incidental business payments? Yes No 42 Is a sales agreement an accounting document? Yes No 43 Is trade credit a form of credit extended by suppliers? Yes No 44 Is a fruit considered an accounting document? Yes No 45 Is a transaction record an accounting document? Yes No 46 Is a cash flow statement a financial statement? Yes No 47 Is a painting considered an accounting document? Yes No 48 Is a television considered an accounting document? Yes No 49 Is a financial statement a document summarising financial results? Yes No 50 Is the ocean an accounting concept? Yes No

Settlement Transactions Challenge.( Form 4, Accounting General)

Yes or No

About this activity

Created by

Download the paper version to play

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Settlement Transactions Challenge.( Form 4, Accounting General)Online version

by YAKILI LMS

Is a chair considered an accounting document?

Is a statement (e.g. bank statement) an accounting record?

Is a book an accounting document?

Is an invoice an accounting document?

Is a cup considered an accounting document?

Is a receipt an accounting document?

Is a ledger an accounting record?

Is a computer an accounting document?

Is a transaction recorded in accounts?

Is a balance (e.g. trial balance) an accounting concept?

Is an account a basic element of accounting?

Is “credit” a term used in accounting entries?

Is “debit” a term used in accounting entries?

Is a trial balance a report listing all ledger account balances?

Is a tree considered an accounting document?

Is a shoe considered an accounting document?

Is the ocean an accounting concept?

Is a mountain an accounting concept?

Is a pencil considered an accounting document?

Is “payment” recorded in accounting?

Can a giro be used for direct payments?

Is a giro a type of credit card?

Can a giro be set up for recurring payments?

Are giros commonly used in Europe for payments?

Is a giro a method of transferring money?

Are giros not recognized by banks?

Can a bank cheque bounce like a personal cheque?

Is a bank cheque a guaranteed form of payment?

Does a bank cheque not require a payee?

Are giros only used in online shopping?

Can giros be processed electronically?

Are giros only available in cash form?

Can a bank cheque be written for any amount without limits?

Are bank cheques only used for international transactions?

Are bank cheques issued by banks?

Are bank cheques considered safer than personal cheques?

Are bank cheques not traceable?

Are giros a form of investment?

Are bank cheques often used for large transactions?

Do bank cheques require the signature of the account holder?

Is petty cash an account used to record small, incidental business payments?

Is a sales agreement an accounting document?

Is trade credit a form of credit extended by suppliers?

Is a fruit considered an accounting document?

Is a transaction record an accounting document?

Is a cash flow statement a financial statement?

Is a painting considered an accounting document?

Is a television considered an accounting document?

Is a financial statement a document summarising financial results?

Is the ocean an accounting concept?