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Accounting Fundamentals Practice Test - ATU

Accounting Training Unlimited ~ ~ Page 1 Accounting Fundamentals /Bookkeeper Practice Test Accounting Fundamentals /Bookkeeper Practice Test Accounting Training Unlimited ~ ~ Page 2 Accounting Fundamentals /Bookkeeper Practice Test Table of Contents Accounting Fundamentals /Bookkeeper Practice Test .. 3 Accounting Fundamentals /Bookkeeper Practice Test Answer Sheet .. 8 Accounting Fundamentals /Bookkeeper Practice Test Accounting Training Unlimited ~ ~ Page 3 Accounting Fundamentals /Bookkeeper Practice Test 1. Laws passed by Congress in 1933 and 1934 gave the Securities and Exchange Commission (SEC) final say on matters of financial reporting by publicly owned corporations. A) True B) False 2. Tax planning is any activity associated with the preparation of tax returns and the audit of those returns. A) True B) False 3. All financial statements submitted to the SEC by publicly owned corporations must include an auditor's report prepared by A) an internal auditor.

Accounting Fundamentals Practice Test Accounting Training Unlimited ~ www.atunlimited.com ~ info@atunlimited.com Page 4 7. On a typical chart of accounts, the accounts are arranged in the same order as they appear

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