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New Headway Pre Intermediate Fourth Edition Tests Pdf 16 ricahab



 


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Unit I.1.1-2 The Centre for Accounting and Finance Studies teaches two different aspects of accounting. The main focus is on the processes accounting involves. That is why we are used to using the term 'accounting processes' rather than 'accounting practice'. The other aspect is on the organisation and performance of the accounting function. That is why we are used to using the term 'accounting performance' rather than 'accounting practice'. The Department of Accounting and Finance Studies is for both aspects. This is an example of accounting processes: Pre-Intermediate Part of Unit I.1.1-2 Unit I.1.1-2 Business of Accounting What is an Accounting Journal? What is the function of an Accountancy Journal? Accounting processes 2 Yes No How do accountants keep accounts? What are the different types of accounts? What information are accountants required to record? What is the main reason for keeping accounts? Should they be kept on the balance sheet? Accounting practice 3 Who is responsible for making financial decisions in an organisation? What is the primary responsibility of the accountant? Accountants are required to maintain business records. Why is this necessary? What are some of the most common accounting records? What is the purpose of each of the five major types of accounting records? What accounting reports are prepared? How are they used? What is a statement of financial position? What is the purpose of preparing a statement of financial position? What is the role of financial statements in the business environment? What is a statement of comprehensive income? What is the purpose of preparing a statement of comprehensive income? Unit I.1.3-1 Students learn to answer questions that are posed by an accountant. In a scenario, students are asked to provide an account of the following statement. Statement Statement of Sales If a

 

 

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New Headway Pre Intermediate Fourth Edition Tests Pdf 16 ricahab
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