1. Introduction to Accounting

Which of the following is NOT one of the three primary types of responsibility centers in accounting?

Which type of distribution makes a product available in as many outlets as possible?

A fixed, annual rate of pay that doesn't change by working more or fewer hours is called:

Which of the following is NOT a source of assets in accounting?

Which of the following statements regarding stock investments with insignificant influence is FALSE?

Which of the following lists the three main categories of business funding?

Which of the following is NOT a feature of whole life insurance?

Which type of accounting is primarily concerned with the recording and reporting of a provision that allows a policyowner to withdraw a policy's cash value?

Insurance companies create a pool of funds to handle which of the following?

Under which type of accounting are the contributions that a worker makes to social security through his or her taxes most appropriately recorded and reported?

Which of the following is NOT typically considered a component of the master budget in accounting?

Which of the following actions is completed by the secondary mortgage market?

Which of the following company resources do employees often analyze to ascertain policies and procedures?

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

Which of the following would NOT be classified as a type of accounting?