WORBOOK PRACTICE 1

1. CIRCLE THE CORRECT OPTION IN EACH SENTENCE

 A debit entry to an account increases assets
 The account types which have a credit balance are revenues and libiality
 In a double-entry accounting a debit entry is recorded on the left side of a T-account
 A transaction has ocurred if the event affects the entity’s financial position and can be
reliably
 A credit the left side
 Credit card machines should’nt unattended.
 Cashiers have to endorsed checks inmediately
 Where should cashiers send the completed deposits
 All types of cash should be deposited within three business days.
 Employees must complete the on-line training
 I usually have 30 days to paya n invoice when i buy godos on credit
 A receivable is recorded as an asset
 You dishonor a payable note when you do not pay it
 An account payable decreases a Company’s cash
 An account receivable refers to money that others owe to the Company.

Read the text superficially and check the topics that deal with it

 How to handle cash in a business

 Cash and its definition
 Steps to follow at handing cash

Writing accurately

a) when accepting check payments, checks shouldn’t be endorsed immediately

when accepting check payments checks should be endorsed immediately

b) credit cards machines and the receipts should be left unattended

credit card machines and the receipts should not be left unattended

C) a receipt should never be given to the customer for cash payments.

a receipt should be given to customer for cash payments.

1) if a note is in writing and signed by the maker, the note is negotiable

the note is negotiable when a note is in writing and signed by the maker

2) if the issuer of a note doesn’t make payment on the due date, the note is said
to be dishonored.

The note is said to be dishonored when the issuer of a note doesn’t make payment on
the due date.

3) When a note payable cannot be collected, such note is called an uncollectible

account.

Such note is called an uncollectible account when a note payable cannot be collected

4) In small businesses, when an account is considered uncollectible, it is written

off the books.

In small business an account is considered uncollectible when written off the books.

EJEMPLO DE REACTIVO PARA BANCA Y MERCADO DE VALORES

Elaborado por: Ing. FERNANDO BAZURTO QUIROZ, MAE.

1. De los siguientes literales, elija la opción que completa el siguiente

enunciado:

_______________________, son aquellos donde se transfieren fondos desde

personas que tienen un exceso de fondos disponibles, hacia personas que
tienen escasez de los mismos.

A. Mercados de bonos y acciones

B. Mercados financieros
C. Mercados de valores
D. Mercados de abastos

Respuesta Correcta: Literal B.

Los mercados financieros, son aquellos donde se transfieren fondos desde
personas que tienen un exceso de fondos disponibles, hacia personas que
tienen escasez de los mismos.
Tema en Syllabus: Estudio del dinero, la banca y los mercados financieros.
Unidad 1 – Panorama general del sistema financiero
Texto Guía: Moneda, banca y mercados financieros. Frederic S. Mishkin.
Décima edición. Pearson México 2014. Capítulo 1, página 2.