Accounting Fundamentals

Respondent Short Analysis Assessment ACCOUNTINGFUND-LMS

Email Address: manzoorsafi505@gmail.com

Full Name: Safi, Manzoor
Respondent ID: 4496846
Date Started: 11/01/2022 05:40:56 AM
Date Completed: 11/01/2022 05:52:37 AM
Attempt: 2

Question Topic
Num Question Max Points Earned Points Result

Imported Questions - 12/13/2017 2:16 PM

1. Where would ‘accounts payable’ most likely appear in a set of financial 1 1 CORRECT
statements?
2. The purpose of the income statement is to: 1 1 CORRECT
3. What is the best definition of a non-current asset? 1 1 CORRECT
4. Within how many months of the balance sheet date is a current liability 1 1 CORRECT
usually payable?
5. What is the principal purpose of charging depreciation on non-current 1 1 CORRECT
assets?
6. A piece of manufacturing equipment was purchased at the beginning of 1 1 CORRECT
2021 for an original cost of $5...
7. The purpose of the cash flow statement is to: 1 0 INCORRECT
8. If Beta Limited has opening PP&E balance of 150, a depreciation 1 1 CORRECT
expense of 75, and a closing PP&E ba...
9. What is the net change in non-cash working capital that would appear on 1 0 INCORRECT
the cash flow statement give...
10. If ABC Inc. buys a piece of equipment for $50,000, will use it in the 1 1 CORRECT
business for 5 years and in 5...

10 8 80%

Time Used: 00:11:41

Score Percentile: 67th
Overall Result: Pass Final Score: 80%

Brillium Assessment Software Page 1 02/07/2023 06:08:04 AM