Knowledge quiz

It's time to put what you've learned to the test, get 4 right to pass this unit.

1.

Which is the smallest organizational unit of external accounting for which a complete, self-contained set of G/L accounts can be created?

Choose the correct answer.
2.

Which dimension can be used for presenting the P&L Statement according to cost of sales accounting?

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3.

Which dimension can be used for grouping to represent areas of internal responsibility?

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4.

Which dimension is used in General Ledger Accounting to support parallel accounting?

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5.

Which dimension provides insight into different business activities of a diversified company according to international accounting principles (IFRS 8 and ASC 280 in US-GAAP)?

Choose the correct answer.