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Froggy Jumps
Froggy Jumps

Users of Accounting Information 1 (Form 1, Accounting Commercial)

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Users of Accounting Information 1 (Form 1, Accounting Commercial)
 

Froggy Jumps

Users of Accounting Information 1 (Form 1, Accounting Commercial)Online version

Quiz on who uses accounting info and why it helps

by YAKILI LMS
1

Who mainly uses accounting information to check product quality for customers?

2

Which user group uses accounting data to assess a company's ability to pay debts?

3

Who uses financial statements to decide buying from a firm?

4

Which user cares about the company’s reliability and honesty?

5

Which group uses accounts to judge if prices are fair for suppliers?

6

Owners use accounting to judge profit and growth. True or False?

7

Trade unions use accounts to see company stability. True or False?

8

Which user needs to know if a firm can pay wages on time?

9

Which group uses accounting to decide on credit terms?

10

Who uses income statements to judge profitability?

11

Which user group looks at accounts to assess risk?

12

The general public may use accounts to assess tax payments. True or False?

13

Who benefits from clear accounting when choosing suppliers?

14

Suppliers use accounts to decide on credit limits. True or False?

15

Which user group is concerned with long-term stability?

16

Trade unions read accounts to check what for workers?

17

Who uses accounting to check if a company is solvent?

18

Which user might examine sustainability in reports?

19

Owners use cash flow info to plan investments. True or False?

20

Which group is interested in profit trends for growth?

21

Suppliers rely on accounts to judge repayment ability. True or False?

22

Which user group cares about prices charged by a firm?

23

General public may use accounting to compare firms. True or False?

24

Creditors assess risk from balance sheets. True or False?

25

Owners check assets to measure business worth. True or False?

26

Which user group checks solvency and liquidity?

27

Trade unions want to know company profitability. True or False?

28

Which user group uses accounts to set wages policies?

29

Customers benefit from reliable financial information. True or False?

30

Which user group evaluates pricing strategies?

31

Owners need accounts to plan expansions. True or False?

32

Which user group uses reports for regulatory compliance?

33

Suppliers use balance sheets to gauge creditworthy. True or False?

34

Which user group analyzes debt levels in reports?

35

Owners rely on equity figures to assess value. True or False?

36

Which user group cares about employee welfare in accounts?

37

General public uses accounting to track tax responsibility. True or False?

38

Customers look at price-earnings ratios in accounts. True or False?

39

Creditors review cash flow to judge liquidity. True or False?

40

Which user group invests based on profits shown?

41

Owners use cost data to set future budgets. True or False?

42

Suppliers favor transparent reporting for fair terms. True or False?

43

Customers can use gross margin info to compare firms. True or False?

44

Trade unions are only interested in profits, not costs. True or False?

45

General public may check environmental disclosures. True or False?

46

Which user group directly funds company from profits?

47

Creditors depend on financial ratios to decide lending. True or False?

48

Which user group benefits from accurate inventory data?

49

Owners review return on investment in accounts. True or False?

50

Which user cares about the firm's repayment history?

 
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