Bookkeeper and Clerk

1. Did you hear? Suzie got a job as a(n) _________________. She’s going to be responsible for recording everything the company earns and/or spends.

• financial advisor
• internal auditor
• bookkeeper

I am getting a _______ license.

• CPA
• CAP
• PCA

1. My husband works at Mellon Group as a _______________. His main duties include managing the company’s financial plans.

• bookkeeper
• budget analyst
• file clerk

The use of holes in financial law to have an advantage or to show figures in a deceptive way is called ...

• creative accounting
• raising invoices
• annual financial statement
• confidentiality in accounting
• local accounting standards

True or False? This is an accurate journal entry for the following transaction:A taxable charge sale of $ 195.00 plus $ 7.69 sales tax. Debit – Accounts Receivable - $202.69 Credit - Sales Tax Payable - $7.69 Credit - Income - $195.00

• True
• False

Which of the countries represent the letter 'C' in the category known as BRIC countries?

• Canada
• Chile
• Cuba
• Croatia
• China

The teacher should only mark the student "present" or "absent" in Infinite Campus.

• True
• False.

A person who fills out tax forms

• tax accountant
• budget analyst
• internal auditor
• trainee

PRZETŁUMACZ:komputer stacjonarny

• desktop computer

Patty is doing a big ______

• investment
• accuracy
• profit

Ten ... five equals two.

• over

What is the advertisement about?

• A new record keeping method
• How to invest wisely
• Steps to becoming a CPA
• Different accounting jobs

Management accountant means in spanish:

• Contador administrativo
• Supervisor Comercial
• Auditor
• Contador

What is the accounting abbreviation for Current ?

• CA
• CU
• CR
• CUR

It is the duty of the employer to take _______________ of the employee.

• care

What is CPA? (check all that apply)

Assets = _______________________ + Equity

• Liability

GAAP stands for Generally Accepted Accounting Principles

• True
• False

Commodity Exchanges at various places in India are trading in many metals like gold, silver, etc. Many times we read in newspapers that gold no more has remained the highest trading option and has been replaced by a non-traditional metal known as……

• Copper
• Steel
• Zinc
• White gold
• None of these

PRZETŁUMACZ:drukarka

• printer

Which of the following is a type of tax levied by the Govt. on goods and services?

• SAT
• NET
• PAN
• VAT
• None of these

PRZETŁUMACZ:inwentarz

• inventory

Choose the possible jobs for accountants:

Click on the correct word

• bankruptcy
• bankrupcy
• bankrutcy

Many times we read in financial newspapers a term/name NMCEX. What is the full form of the same?

• New Multi Capital Exchange
• National Medium Commodity Exchange
• National Multi Commodity Exchange
• Net Marketable Commodity Exchange
• None of these

Whose responsibility is it to reconcile/verify attendance comments on the spreadsheet and in Infinite Campus every Friday before 10am.

• mine

PRZETŁUMACZ:zszywacz

• stapler

Various Banks in the country have installed machines that disburse money to the general public. These machines are called……

• Coin dispensing machines
• ATMs
• Debit Card Machines
• Ledger Machines
• None of these

Add these numbers together. What is the total? 46.0128.8367.0250.8444.0921.90.5230043.76283007.07294.3484.594131.210.1737.144.566.5210.21140.94

A bookkeeper is:

• a person who have a business
• a person who records transactions
• a person who reviews books

PRZETŁUMACZ:lista płac

• payroll

As the teacher, when I am absent, I should inform the following 3 people to ensure that the class attendance is taken.

As per the news that appeared in some major newspapers India is number two in getting 'PE'. What is the full form of 'PE' as used in the financial world?

• Professional and Ecofriendly
• Profitable Equity
• Profitable and Economical
• Private and Economical
• Private Equity

How do we read this year: 1900?

• nineteen hundred

What is the accounting abbreviation for Debit ?

• DE
• D
• DR
• DEB

What do we call an alternative cost, or the loss of the benefit that could have been enjoyed if a particular choice hadn't been made?

• opportunity cost

Which employment contracts are valid?

A person who checks records for accuracy is...

• internal auditor
• bookkeeper
• tax accountant
• file clerk

How much is this: 1,000?

• one thousand

1. In order to have access to the Internet from your home, you first need to set up a ________________ telephone.A floppy drive B flash drive C landline

• A
• B
• C

How do you say "impuesto" in english?

• tax

According the CCPS Attendance protocol it states: If a student does not have access to a device(or is experiencing challenges logging in/accessing assignments) AND has notified the schoolpersonnel, the student should NOT be counted absent for that day (this includes any day ofthe week --- Monday-Friday). Who is the "school personnel"?

• Teacher
• Paraprofessional
• Attendance Clerk
• School Counselor

PRZETŁUMACZ:zamówienie

• order

Four ... two is eight.

• multiplied by

A trainee is:

• A person who is learning a new job
• A person who works
• A person who is doing exercise

True or False? This is an accurate journal entry for the following transaction:A purchase of a desk and office chair for $450.00. Credit – Fixed Assets - $450.00 Debit – Checking - $450.00

• True
• False

If a student comes to class tardy, I should marked the student tardy in Infinite campus.

• True
• False

True or False? This is an accurate journal entry for the following transaction:A customer makes a payment on their account for $250.00 Debit – Income - $250.00 Credit – Accounts Payable - $250.00

• True
• False

Which of the following organizations recently issued some guidelines related to 'Participatory Notes' as used in the financial world?

• RBI
• IRDA
• SEBI
• AMFI
• None of these

If a student is having technical or internet issues, the teacher should mark the student "present" in Infinite Campus.

• True
• False

Five plus eight ... thirteen.

• equals

What time should attendance be completed on Monday - Thursday in the virtual setting?

• 7:45am
• 8:00am
• 8:15am
• 12 noon

PRZETŁUMACZ:rok finansowy

• fiscal year

..... get up early tomorrow?

• Do you have to
• Have you to
• Do you must

PRZETŁUMACZ:zakup

• purchase

PRZETŁUMACZ:faktura

• invoice

The term amortization is used to refer to ...

• intangible assets
• natural resources (oil, gas)
• land
• office equipment

Who amongst the following addresses the nation on Independence Day from the ramparts of the Red Fort, Delhi?

• President of India
• UPA Chairperson
• Speaker of the Lok Sabha
• Prime Minister of India
• None of these

There are only five employees on the .....

• payroll

PRZETŁUMACZ:sprzęt, wyposażenie

• equipment

1300 is one thousand three hundred or:

• thirteen hundred

Nineteen ... eight equals eleven.

• less

What is the accounting abbreviation for Capital ?

• CAP

Many a time we see a term in newspapers 'IPO'. What is the full form of the same?

• Indian Public Offer
• Institutional Purchase
• Industrial Purchase Order
• Indian Purchase Offer
• Initial Public Offer

Goodwill is an .............. asset that is associated with the purchase of one company by another.

• intangible

The total amount of money a company earns before taxes.

• gross income
• accrued expenses
• net income
• net pay

You ........ wait here. (=You can do it, but it’s not necessary)

• don’t have to
• haven't to
• mustn't

the member of the accounting team who deals with sales, raises invoices and collects payment.

• sales ledger clerk
• purchase ledger clerk
• payroll clerk
• management accountant

What is the accounting abbreviation for Current Assets?

• CA

You ...... (wait) here. (=You cannot do it; it’s against the rules)

• mustn’t wait

the member of the accounting team who deals with employees

• sales ledger clerk
• purchase ledger clerk
• payroll clerk
• management accountant

Five _______________ three is fifteen.A multiplied byB divided byC over

• A
• B
• C

What is the accounting abbreviation for Expense ?

• EX

money that is spent to purchase goods and services to be used by company

• expense
• overheads
• interest
• revenue

PRZETŁUMACZ:SEGREGATOR

• binder

Yesterday, I ___________ (must) take a taxi.

• had to

What job can an accounting student get? (check all that apply)

Which of the following organizations/banks has done commendable work in the field of microfinance and was awarded Nobel Prize also in the past?

• Gramin Bank of Bangladesh
• CRY
• ASHA
• NABARD
• None of these

Who records everything the organization earns or spends?

• bookkeepers
• budget analysts
• accountant
• file clerk

amounts owed by the company for the goods and services it has purchased from outside suppliers

• accounts payable

_________ (enter the role) is responsible for entering comments, adjusting unexcused absences to excused absences, excused tardies, and unexcused tardies.

• Attendance Clerk

If a student was originally marked absent, but later comes to class at 8:23am, all of the following are appropriate actions:

the member of the accounting team who deals with suppliers, issues payment for goods and services and keeps track of expenditure

• sales ledger clerk
• purchase ledger clerk
• payroll clerk
• management accountant

Cost of Goods = Beginning Inventory + Purchases - _________________________

• Ending Inventory

How to read this:5.55

• five point five five

1. Denise always saves her _________________ when making a purchase with her credit card.A purchase invoice B credit card slip C time card

• A
• B
• C

Which of the following does not represent the name of a bank working in India?

• YES
• HDFC
• TATA
• Kotak Mahindra
• ICICI

According to the attendance flow chart, what action is taken once 5 unexcused absences are incurred?

• A SAC letter is mailed to the parent
• The teacher and the SAC makes a phone call to the parent.
• The student is withdrawn.
• The child receives a demerit.

Many times we read in newspapers about 'Financial Inclusion'. What does it really mean? [Pick up correct statement(s)]1. Allow the merger and acquisition of banks so that only a few big banks exist and continue to cater to the need of the corporate sector.2. Expending the network of banks in such a way that people from lower strata of society also get the benefit of services provided by banks.3. Providing Insurance cover to each and every citizen so that he/she can live a healthy and long life.

• Only 1
• Only 2
• Only 3
• Both 1 and 2
• All 1, 2 and 3

Which of the following is not a Public Sector Unit/Undertaking/Agency?

• ECGC
• SEBI
• SIDBI
• Axis Bank
• BHEL

Mum ........... (not have to) pick me up at the station. I can take a taxi.

• does not have to

Martin is an __________ in the firm.

• employer
• tax accountant
• financial advisor

Which of the following is considered an informal method of getting credit/finance?

• Internet Banking
• Branch visits
• Going to money lenders
• Tele Banking
• All of these

Many Banks these days are entering into the business of offering loans against property. This business of the banks can be categorized under which of the following heads of banking?

• Corporate Banking
• Personal Banking
• Merchant Banking
• Portfolio Management Service
• None of these

The employer has to pay at least the legal _________________

• Minimum wage

..... expenses change in price and frequency every month; opposite of fixed

• viariable

a senior member of the accounting team, who communicates with company owners / directors and advises on the financial aspects of any planned action

• sales ledger clerk
• purchase ledger clerk
• payroll clerk
• management accountant

The duties of the employer are the _____________ of the employee.

• rights

In which of the following Hindi films has actor Shahrukh Khan played the role of a Hockey Coach?

• Guru
• Chak De India
• Om Shanti Om
• Jab We Met
• None of these

Which of the following indexes is developed to measure life expectancy, level of literacy, education, and standard of living of people in a country?

• Inflation
• Sensex
• Human Development Index
• SLR
• None of these

The European union has adopted which of the following as a common currency?

• Dollar
• Dinar
• Yen
• Peso
• Euro

Normally, bookkeepers work in a _____

• house
• street
• back-office

A person who reviews financial plans is...

• budget analyst
• financial advisor
• external auditor
• file clerk

CPA is:

• Certificate of Public Accountance
• Certified Public Accountant
• Certificate for Public Accountants

What does "infer" mean?

• to reach an opinion from available information or facts
• to give the correct answer or make the correct judgment
• to form an opinion about something or someone, especially after thinking carefully
• to attempt to do something

The Reserve Bank of India issues coins and notes of various denominations. At present, RBI does not issue coins of which of the following denominations?

• 10 paise
• 20 paise
• 25 paise
• 50 Rupee
• 1•00 Rupee

Which of the following countries has not made any significant investment in India?

• Japan
• USA
• Nepal
• Britain
• France

Sixteen ... four equals four.

• over

Your January 31 Bank Statement reads:ItemDateAmountOpen Balance31-Dec $ 547.43 Deposit4-Jan $ 100.00Deposit15-Jan $ 350.00 Check 10032-Jan $ 50.13Check 10067-Jan $ 10.09Check 100719-Jan $ 250.00Check 100826-Jan $ 101.19 Monthly Service Charge31-Jan $ 5.00 Ending Balance31-Jan $ 581.02Your check register has the following information:DateItemAmount4-JanDeposit $ 100.0031-Dec1003 $ 50.135-Jan1004 $ 25.005-Jan1005 $ 27.935-Jan1006 $ 10.0915-JanDeposit $ 350.0016-Jan1007 $ 250.0024-Jan1008 $ 101.1931-JanDeposit $ 212.89What is your bank statement reconciled balance at January 31?

Twenty-20 matches are played in which of the following?

• Hockey
• Football
• Badminton
• Tennis
• Cricket

a supply of gas, electricity, water, or telephone service to homes and businesses

• utility
• additional fee
• prepaid expense
• rent

Which of the following awards is given for excellence in the field of sports?

• Kalidas Samman
• Dhyanchand Award
• Shram Vir Award
• Shanti Swarup Bhatnagar Award
• None of these

Who prepares the annual financial statements?

• management accountant
• purchase ledger clerk
• auditor

Heavy Water is normally used by which of the following industries?

• Nuclear Power generation plants
• Pharma Industry
• Paper Industry
• Sugar plants
• Tea plantations

Eighteen ________________ two is nine.A plus B divided by C less

• A
• B
• C

It is okay if my class attendance in Infinite Campus is different than the names I provide on the KES absentee list.

• True
• False

True or False? This is an accurate journal entry for the following transaction:A $37.00 check from a customer is returned non-sufficient funds. Debit – Accounts Receivable or Returned Checks Receivable - $ 37.00 Credit – Checking - $ 37.00

• True
• False

Complete: Current ........... Earnings + Profit/Loss – Dividends = ............. Earnings

• retained

PRZETŁUMACZ:korygować błędy

• adjust for errors

A company agreement...

Income – Expenses = _______________________

What year do we have now? Write with words

• twenty twenty

'Biegła księgowa' is ...

• a bookkeeper
• a chartered accountant
• a government auditor
• a tax advisor

Nobel Prizes are not given for the performance in the area of…

• Literature
• Physics
• Chemistry
• Music
• Medical Science

The employee also has duties. Check the correct ones:

As per news items published in various newspapers, Italy has offered its help in developing 'SMEs' in India. What is the full form of 'SME'?

• Small and Monopolistic Economy
• Speedy and Mechanical
• Small and medium enterprises
• Small and Medium Level Economy
• None of these

Which of the following deals between India and one major country was put on a hold for some time as India is finding it difficult to implement it?

• 123 Pact with USA
• Fifth generation fighter plane deal with Russia
• Heavy Water deal with Iran
• Border talks with China
• None of these

Which answers are correct referring to the content of the employment contract (mandatory by law)?

An employer has the right to get a compensation for damages incurred form an employee, if ...

• the employee did the damage intentionally
• the employee did not neglected the normal care
• it was not his fault

1. Accountants always have a ____________________ on hand. They use them to add or minus figures and totals.A flash drive B calculator C printer

• A
• B
• C

PRZETŁUMACZ:oprogramowanie księgowe

• accounting software

If you have been notified by a parent with a reason for the absence, notify Ms. Dallas or a member of the Attendance Team (when) _____________. Forward parent emails to Ms. Dallas (when) ___________,

• Immediately

Which amongst the following nations is not a member of the SAARC?

• Bangladesh
• Bhutan
• Nepal
• Maldives
• South Africa

Seven ... two is nine.

• plus

Which of the following names is not associated with the insurance business in India?

• Bajaj Allianz
• LIC
• GIC
• Tata AIG
• GE Money

1. Last year, we went to Taxes R’ Us and had one of their ___________________ fill out our tax records. It was very fast and easy.A tax accountants B budget analyst C internal auditor

• A
• B
• C

You have thirteen but then you ________________ four. What do you get? Nine.A subtract B equals C add

• A
• B
• C

Julie .... (have to see) the bank manager tomorrow.

• has to see

The Foreign Exchange Reserve of India is kept in the custody of……

• World Bank
• International Monetary Fund
• Prime Minister Rahat Kosh
• Reserve Bank of India
• None of these

Which of the following is known as Plastic money ?1. Demand Draft2. Credit Card3. Debit Card

• Only 1
• Only 2
• Only 3
• Both 2 and 3
• All 1, 2 and 3

What happens in the back office?

• The bookkeepers work there.
• Accountants meet with clients there.
• The auditors work there.
• New employees work there.

1. It’s tough being a(n) _______________. You have to make sure all the records are accurate.

• internal auditor
• trainee
• tax accountant

Which of the following accounts are normally classified as a debit:

How do we read that:0.4592

• zero point four five nine two