1. Introduction to Accounting

Which of the following statements is NOT true about the profit business model?

Within the context of types of accounting, who is primarily responsible for assembling policy forms for insureds?

Which of the following is NOT considered to be a nonforfeiture option in accounting for life insurance policies?

Under which type of accounting would the request by an employee to transfer the balance of her 401(k) be primarily recorded and managed?

Which of the following is primarily concerned with providing information to internal users for decision-making purposes?

Which of the following is NOT classified as manufacturing overhead?

If you are looking to invest with a low-risk profile, which of the following types of investments is most appropriate?

In the context of accounting, which of the 4 Ps of marketing is most directly related to warehouse inventory management?

Which type of accounting worker would most likely need a bachelor's degree?

In the context of increasing term insurance, which component increases over the life of the policy?

Which of the following would NOT be considered a revenue stream?

Which of the following is a primary goal of financial accounting?

Factory overhead is a _____ account.

Which of the following is NOT an example of a fixed expense?

Which of the following skills will a medical office assistant need to perform accounting tasks?