Section A -Multiple choice equations

Choose the best answer from the give alternatives and write your answer on the space
provide in the separate answer sheet

1. The amount of the net loss of the company in the six column work sheet is
extended to :-
A. Income statement debit side & balance sheet credit side
B. Income statement debit side & balance sheet debit side
C. Income statement credit side & balance sheet credit side
D. Income statement credit side & balance sheet debit side
2. On December 31, the cash account of ABC Company had a normal balance of birr
30,000. During December, the account with debited for a Total of Birr 20,000 and
credited for a total of Birr 18,000. What must have been the balance in the Cash
account on December 1?

A. A Birr 28,000 debit balance C. A Birr 32,000 credit balance

B. A Birr 28,000 credit balance D. A Birr 32,000 debit balance

3. On April, 30,2012 a one year insurance policy was purchased for birr 12,000 that
will be renewed every year coverage to begin Immediately . What the amount of
prepaid insurance that would appear on the balance sheet of the company’s
financial statements for the year ended December, 31, 2012.

A. Birr 4,000 C. Birr 12,000

B. Birr 8,000 D. Birr 5,000

4. The financial statement shows the financial progress of the business within the
accounting period.is

A. Balance sheet C. Cash Flow statements

B. Retained Earnings statement D. Income statement

5. Which of the following is not essentially the characteristic of taxation?

A. It is a compulsory levy
B. It provides for non proportionate return or benefit
C. It helps in financing government activities
D. It is an illegal collection
6. Assets in the statement of financial condition for in individuals reported at

A. Cost C. Estimated cost

B. Lower of cost or market D. Market value

7. A corporation financial statement do not report cents amount. This is an example

of the application of which of following concepts?

A. Business entity C. Consistency

B. Going concern D. Materiality

8. Types of loan granted for a period over night to a maximum of fourteen days:

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 A. Cash credited C. Over draft facility
B. Money at call D. Term loan

9. A payment of cash for the purchase of merchandise would be recorded in

A. Purchase journal D. Purchase discount

B. Sales journal journal
C. Cash journal

10. The controlling account in the general ledger that summarizes the debits and
credits to the individual customers in the subsidiary ledger in credit entitled:

A. Account payable
B. Account Receivable
C. Sales
D. Purchase

11. The balance in unearned rent at the end of period represents:

A. An asset C. A Revenue
B. A Liability D. An Expense

12. What is the maturity value of 90 -days, 12% for 100,000

A. 88,000 C. 103000
B. 100000 D. 112000

13. The end of the fiscalyear before accounts are adjusted account receivable has a
balance of birr 400,000 and allowance for doubtful account has a credit balance
5,000? If the estimated of uncollectable accounts determine by against receivable
is 17,000, the current portion to be made for uncollectable accounts expenses will
be

A. 5,000 C. 17,000
B. 12,000 D. 400,000

14. A credit may signify

A. An increase in asset C. A Decrease in liability

account D. A Decrease in Capital
B. A Decrease in asset account
account

15. The payment of cash for your client for thesettlement of purchase on
account would be recorded by a:
A. Debit for cash and credit for account receivable
B. Debit for account receivable and credit for cash
C. Debit for account payable and credit cash
D. Debit for cash and credit for account payable
16. The properties owned by a business enterprise are

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 A. A Capital C. Assets
B. Owner’s Equity D. Liabilities

17. In a business transaction the first occurrence can be recorded in the book
of accounts is

A. Journal C. Payment journal

B. Ledger D. Receipt journal

18. Assume that you have 6,000 Euro in your hand. What is the equivalent
amount of it in USD if the exchange for a Dollar is birr 20 and for a Euro is birr
25?

A. 7,500 USD C. 12,000 USD

B. 4,800 USD D. 15,000 USD

Section B -Multiple choice equations

Choose the best answer from the give alternatives and write your answer on the space
provide in the separate answer sheet

1. A profit ---making business that is a separate legal entity and in which

ownership is divided in shares of stock is Known as a

A. Sole C. Partnership
proprietorship D. Corporation
B. Single
proprietorship

2. The properties owned by a business enterprise are called:

A. Assets C. Stockholders’ equity

B. Liability D. Owner’s equity

3. A list of asset increase and owner’s equity of a business entity as of a specific

date

A. A balance D. A retained earnings

B. An income statement statement
C. A statement of owner’s
equity

4. If total assets increase $ 20,000 during liabilities increase by $ 12,000 during

the same period. The amount and direction (increase or decrease of the
period’s change in owner’s equity is:

A. $ 32,000 Increase C. $ 8,000 Increase

B. $ 32,000 Decrease D. $ 8,000 Decrease

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 5. If revenue was $ 45,000, expense were $ 37,500, and the owner’s withdrawals
A.
were$45,000 netthe
10,000, income C. $37,500 net loss
amount of net income or not loss was:
B. $7,500 net income D. $2,500 net loss

6. A Debit may signify C. A Increase in a liability

A. An Increase in an asset account
account D. An increase in the
B. A Decrease in a asset owner’s capital account
account

7. The type of account with a normal credit balance is :

A. A asset C. A revenue
B. A drawing D. An Expense

8. The current asset category would include:

A. Cash C. Supplies on hand

B. Account receivable D. All of the above

9. The receipt cash from customers in the payment of their account their account
would be recorded :

A. Debit to cash ;Credit to account C. Debit to cash; Credit to Account

receivable Payable
B. Debit to Account receivable ; D. Debit to Account Payable ;
Credit to cash Credit to cash

10. The form listing the balance and the titles of the accounts in the ledger on a
given :

A. Income statement C. Retained earnings

B. Balance Sheet statement
D. Trail Balance

11. If supplies account before adjustment on May, 3 indicated a balance of $ 2,250

Inventory of supplies on hand May 31, Totaled $ 950, the adjusting entry would
be :
a. Debit supplies $950;Credit Supplies Expanse $950
b. Debit supplies expense $2,250;credit supplies $ 2,250
c. Debit supplies $1,300; credit supplies expanse $ 1,300
d. Debit supplies expanse $1,300; credit supplies $ 1,300

Section c -Multiple choice equations

1. In the business transaction first accurate can be recorded in a book of

A. Journal C. Ledger
B. Payment Journal D. Receipts journal

2. Proprieties owned by business

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 A. Asset C. Liabilities
B. Capital D. Revenue

3. Assume that you have 500 ERUO in your hand what is the equivalent
amount USD if USD is birr 18 for EURO 24 birr

A. 666.6/USD C. 5833.33USD
B. 500 USD D. 120.00 USD

4. Post closing trail balance may include which one of the account:

A. Sales C. Salary Expense

B. Account Receivable D. Interest Expense

5. Goods and document are examined in accordance with legislative

requirement it need bank Permit base on CBE directive this:
A. To have principle legislative certificates
B. Related to import and export activity
C. Regulation declaration of tax
D. Internal control system
6. Payment of cash for settlement of purchase on account would be recorded :

A. Cash debit C. Account Payable debit

B. Account payable credit D. Account Receivable credit

7. Credit may Signify

A. Increase an Assets C. Decrease in Assets

B. Decrease in liability D. Decrease in Capital

8. Salary expanse has a credit balance of birr 10,000 on hamle beginning of

period reversing entries posted but before any transaction occurred the
balance represent:

A. Assets C. Liability
B. Revenue D. Expense
9. What is the Maturity Value 90- day,
12% for
A. 9,000 C. 103,000
B. 5,000 D. 3,500

10. Before adjusting entry account receivable has a balance of

birr 400,000 allowance for doubtful account has birr 5,000 if. Estimated
uncollectable account determine by against receivable is birr17,000, the
current portion to be made uncollectable account expense

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 A. 15,000 C. 12,000
B. 5,000 D. 400000

11. One of the following not closed the end of the accounting
fiscal period

A. Expense C. Revenue
B. Income summary D. Liability

12. Minor amount of mone, to replenish the company activity

A. Change fun B. Petty cash

C. Capital receipt journal D. Cash receipt journal

13. Sales or purchase is recorded in which financial report.

A. Income statement C. Balance sheet

B. Trail balance D. Cash flow

14. Controlling account that summarize the balance of each

customer is.

A. Account payable C. Account receivable

B. Merchandise inventory D. Income summary

15. Which of the following does not need journal

A. Note collected and bank service charge
B. Non sufficient fund
C. Deposit in transit
D. Service charge

SECTION D -MULTIPLE CHOICE EQUATIONS

Choose the best answer from the following alternative gives:
1. Which of the following reconciling item necessary entry in the
depositors records
A. Bank charge and note collecting by
B. Deposit in transit and outstanding checks
C. Deposit in transit and bank service charge
D. Errors made by bank outstanding checks
2. One of the following forms is not permanent work

A. General ledger C. Journal

B. Work sheet D. Balance sheet

3. The debit and credit column of an income statement the work sheet are
Birr 65,000 and 90,000 respectively if the credit total of the balance

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 sheet is Birr 110,000 than what will be the credit total of the balance
net income net loss is recorded

A. Br 135,000 C. Br 85,000
B. Br 165,000 D. Br 50,000

4. Which of the following accounts will appear in post closing trial balance
of adjusting?

A. Drawing D. Accumulated
B. Sales revenue depreciation
C. Salary expense

5. Which of the following is/are not external user are of accounting of

information

A. Ethiopia revenue and customer Authority

B. Potential investors
C. Creditor
D. Sales manager
6. The form which list an account with it a respective balance for policy

A. Income statement C. Trial balance

B. Income summary D. Balance sheet

7. If the appropriate adjusting entries for accrued sales

A. Asset for the period will over state
B. Liabilities for the period will period will under state
C. Expense for the period will overstate
D. Equity for the period will understate
8. A nominal sum of money established as change fund

A. Change fund C. Petty cash

B. Cash shortage D. Cash overage

9. Which of the following journal used to account payable and

A.
Cash journal
B.
Sales journal
C.
Payment journal
D.
General journal
10. Which of the following are cash and cash equivalent
A. Bank draft and note receivable
B. CPO (cash payment order) and prepayment
C. Check and book draft
D. CPO and bond

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 11. System or merchandise to recovering and collect bad
debts
A. Legal action and letter of notes
B. Allow purchase discount and return goods
C. Third party intervention to allow sales discount
D. Letter with clients to allow purchase discount
12. A card which is used to effect payment or withdraw
money in real by accessing the card holders deposit account and
function only if there is sufficient fund balance

A. Credit card C. Locality card

B. Debit card D. Withdrawal card

13. An
electronic banking out let

A. ATM (Automatic Teller Machine)

B. POS (point of sales)
C. Automatic seller machine
D. Credit card

14. Trader who can accept card as payment tools in

exchange a for the products the balance to the card holder

A. The issuer C. The merchant

B. The acquire D. The card association

15. One of the following is internal user of accompany

A. The creditor D. The production

B. Owners manager
C. Employees and trade
union

16. Statement that reports the operating results of a

company

A. Income statement C. Capital statement

B. Balance sheet D. Cash flow statement

17. The following data are taken from E company, liabilities

birr 90,000 and assets 3 X of liability calculate asset and capital
A. Asset Birr 90,000 and capital Birr 46,000
B. Asset Birr 45,000 and capital birr 120,000
C. Asset Birr 135,000 and capital Birr 45,000
D. Asset Birr 90,000 and capital Birr 120,000

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 18. If the revenue will be Birr 90,000 expense was
Br45,000 and the owner withdrawal br. 20,000 what is the amount net
income or loss?

A. Net income Birr 90,000

B. Net income Birr 15,000
C. Net loss Birr 75,000
D. Net loss Birr 5,000

19. One of the following is the controlling account of

customer account
A. Account payable
B. Bank account
C. Account receivable
D. Bank statement
20. Which one of the following is need to bank
reconciliation
A. Check the depositor balance with customer account
B. Check the depositor balance with bank finance
C. Check bank balance with withdrawals
D. Check the account it self
21. In the corporation company claim two factors total in
A. Rating earning and withdrawal
B. Dividend and retain earning
C. Asset and withdrawal
D. Withdrawal and dividend

SECTION D -MACHAING TYPE QUESTIONS

COLUMN A 11. Expense

account
1. Balance sheet 12. Complete
2. Retain earning documentation
3. Coaching and monitoring 13. Specific
4. Performance measurement need of customer
5. Promotion 14. Plan
6. Feedback speared sheet
7. Sales tax 15. Formula
8. Method of communication
9. Spread sheet
10. Income
summary account to close

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 H. Corporation
I. Freight in and out
COLUMN B
J. Speaking to group
A. Controlling improvement K. Software function
B. Plan information L. Consumer
C. Provide maintenance of M. Automatic functional
problem solving software
D. Business entity concept N. Capital
E. Monitor and evaluation work O. Percentage
place learning P. Related service process and
F. Security equipment recorded
G. Source of document Q. culture

Section E -Multiple choice equations

1. Which one of the following correct step of accounting cycle
a. Journal , ledger ,trial balance and financial statement
b. Financial statement , trial balance , ledger and journal
c. Journal , ledger , financial statement and trial balance
d. Leger, journal ,trial balance and financial statement
2. One of the following are permanent account
a. Withdrawal
b. Revenue
c. Accumulated deprecation
d. Income summary
3. Which of the following account use subsidiary leger account
a. Income statements
b. Balance sheet
c. Account receivable and account payable
d. Cash flow
4. One of the following are indirect tax
a. Payroll tax
b. Rental income tax
c. Value added tax
d. Business income tax
5. Debit side may signify
a. Increase c. Left
b. Decrease d. Right
6. Which one of the following optional financial report
a. Balance sheet
b. Income statement
c. Owner’s equity
d. Worksheet
7. Which one of the following are correct step of partnership liquidation
a. Sales of assets, payment of liabilities and distribute the remaining cash
to partners

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 b. Payment of liabilities, sales of assets and distribute the remaining cash to
partners
c. distribute the remaining cash to partners, payment of liabilities and sales
of assets
d. sales of assets, distribute the remaining cash to partners and payment of
liabilities
8. Beginning merchandise inventory at January br. 120,000 and purchase
merchandise during the period br.50,000 at the end of December 32,
merchandise inventory br. 130,000. What is the amount of net sales? Assume
that the gross profit br. 50,000.
a. 90,000
b. 75,000
c. 80,000
d. 130,000
9. One of the following errors are can be identified help to prepare trial balance
a. Omitted transaction
b. Cash instead of account receivable with the same balance
c. a journal entry not posted to the ledger or posted twice
d. a transaction not being recorded in a journal or recorded incorrectly
10.One of the following financial report except prepare specific period of time
a. balance sheet
b. income statement
c. bank reconciliation
d. trail balance
11.speaking between two person
a. communication
b. communication channel
c. system
d. channel
12. the unearned revenue at the end of the period represent
a. An assets
b. A liability
c. A revenue
d. An expense
13.The credit term of 2/10,n/30 represent
a. The customer paid the amount of owed within 10 day get 2% discount
but paid net 30 day
b. The customer paid the amount within 10 day
c. The customer paid the amount of owed after 10 get 2% discount
d. Customer can be paid the amount of owed after 30 day
14.w/rohana gross earning is br.5,600 during the month and pension contribution
7% basic salary of br. 280. How much the amount of basic salary.
a. 4,000
b. 9,600
c. 850
d. 6,000
At the end of the current year, Accounts Receivable has a balance of $110,000; Allowance
For Doubtful Accounts has a credit balance of $2,000; and net sales for the year total
$160,000. The current period collection is br. 80,000.the company wrote of br.2, 000 Bad debt
expense is estimated at of 1% of net sales. Assume that the company use allowance
method based on the above data give answer 15-18

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 15. What is the account of account receivable
a. 110,000
b. 188,000
c. 190,000
d. 192,000
16. What is the amount of bad debt expense
a. 800
b. 4,000
c. 1.600
d. 5,600

17. What is the amount of allowance for doubtful account

a. 2,000
b. 1,800
c. 800
d. 4.000
18. What is the amount of net realizable value of account receivable
a. 190,000
b. 188,00
c. 189,200
d. 188.400
Column A

1. The value of resource to generate revenue

2. Major source of government
3. Paid cash in advance
4. Cash flow selling of fixed assets
5. Cash flow owner investment
6. One of characteristics of partnership
7. One of characteristics of corporation
8. The process of transferring from journal to ledger
9. Continues improvement
10.Show the company performance result
11.Used to record dual effect of transaction
12. Short term report
13. Physical count must be take determine cost of inventory
14. Determine cost inventory balance for each day
15.Show detail balance of account
Column B
A. Limited liability
B. Taxes, fees and charge
C. Cash flow finance activates
D. Interim report
E. Periodic system
F. Subsidiary ledger
G. Journal
H. Income statement
I. Perpetual system
J. Unlimited liability
K. Posting
L. KAIZEN
M. Cash flow investing activities
N. Deferred

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 O. Expense

Section F-Multiple choice equations

Choose the best answer

1. Kaizen refers to
a. Slipping back to former practice
b. Digressing to less efficient practice
c. Give less attention to documentation and concentrate on production
d. Initiating and institutionalize change and improvement
2. Which one of the following data is used to diagnosis business performance
a. Market change
b. Revenue
c. Break even data’s
d. Pricing policy of the organization
e. All
3. Which one of the following is not the component of S.W.O.T analysis
a. Internal capability and staff capacity
b. External opportunities and competition economy
c. Poor technology and international economy
d. Governanceinvestment policy
e. None of the above
4. Which one of the following is not the primary source of information for market research
a. Data from existing client
b. Data from prospective clients
c. Data from trade association journal and magazine
d. Data from customer interview
5. What dose team work mean
a. To work well with other
b. To work hard
c. To communicate well
d. To work using soft skill
6. What is not an important factor in team work
a. The team must not help the team member
b. The team must receive external support and encouragement
c. The team must have a result driven structure
d. The team must have a principle leadership
7. Which technology do you use to prepare report
a. Scanner
b. Photocopier
c. Computer
d. Printer
8. Work place communication can cause of all of the following EXCEPT

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 a. Increase workplace productivity
b. Increase job satisfaction
c. Lower job turnover
d. Better overall training
9. What is the function of automated teller machine (ATM)
a. To make loan more accessible to customer
b. To protect the financial right of the people
c. To give service to people at any place and time
d. To calculate interest on loan by customer
10. The Ethiopianemployment income tax signifies
a. Progressive tax system
b. Proportional tax system
c. Regressive tax system
d. None of the above
11. Which one of the following is not element of principle of taxation
a. Equity
b. Marginality
c. Certainty
d. Neutrality
12. Fixed assets purchase at a cost of 50,000 birr with salvage value of 10,000 birr is expected to use
for ten year. What will be the amount of accumulated depreciation balance at the end ofthird year
a. 4,000
b. 5,000
c. 12,000
d. 15,000
13. Which one of the following is correct when petty cash is replenished
a. Debit expense and credit to cash at bank
b. Debit petty cash and credit to cash at bank
c. Debit to expense and credit to petty cash
d. Cash short and over account will be credited when there is cash short
14. Teshager plc. Sell 40 units of packed product for br. 35 each including VAT. What is the amount of
VAT liability to be paid to ERCA by teshagerplc?
a. 1,400
b. 1217.39
c. 182.61
d. 24.35
15. Account Receivable Accounts has a balance of100,000 birr and Allowance for doubtful account as a
balance of 7,000 birr the expected realizable value of the Account Receivable is
a. 93,000
b. 7,000
c. 100,000
d. 17,000
16. Which one of the following is notthe source document for payment
a. Invoice
b. Purchase requisition

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 c. Payroll
d. Trial balance
17. Abebe received cash transfer of 520 USD from abroad. What is the amount of cash received in
Ethiopian birr (exchange rate: 1EURO=23.50 and 1 EURO= 1.30 USD)
a. 9,400
b. 12,220
c. 676
d. 10,400
18. Which one of the following is not continuous improvement tools
a. Balanced score card
b. Bench marks and standard
c. Financial report
d. Performance measurement
19. Which one of the following is not much important to improve business performance
a. Check and ensure the suitability of organization structure
b. Review and development of objectives
c. Concentration on daily routine tasks
d. Market positioning and competitor analysis
20. Relevant legislation from all levelsof government that may affect business operation include all
EXCEPT
a. Anti-discrimination legislation
b. Ethical principle
c. Financial legislation
d. Religious/spiritual principle
21. Account receivable account has a balance of br. 200,000 and allowance for doubtful account has a
credit balance of br. 2,500. If the estimates of uncollectable account expense is br. 8,500. What is
the amount of current provision for uncollectable account expense
a. 2,500
b. 6,000
c. 8,500
d. 200.000

Section G-Multiple choice equations

SECTION A – MULTIPLE-CHOICE QUESTIONS
Instructions for Section A
1. There are twenty one [21] questions in this section.
Writing the letter that corresponds to your answer in theanswer sheet provided.
1. __________ An account that classified as other expense is
A. Depreciation Expense for office C. Insurance expense
equipment D. Interest expense
B. Sales salaries expense
2. __________A statement that reports the operating results of a
Company is a/an
A. Income statement B. Cash flow statement

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C. Balance sheet D. Owner`s equity
3. __________The normal balance side of drawing account is
A. Debit side C. Decreases side
B. Credit side D. Both debit and credit
4. _________What the business owed is
A. Asset C. Capital
B. Liability D. Expense
5. ___________Correct accounting equation is
A. A=L+C C. L=A+C
B. A=C-L D. C=A+L
6. ___________The correct flow of accounts with chart of accountis
A. Assets, liabilities, capital, expenses and revenues
B. Assets, liabilities, capital, revenues and expenses
C. Assets, capital, liabilities, revenues and expenses
D. Liabilities, capital, assets, revenues and expenses
7. ___________The process of recording entries /transactions in ajournal is
A. Journalizing C. Sorting
B. Posting D. Classifying
8. ____________If the total asset increased by birr 40,000 during aperiod of time and total liability
increased by birr 24,000 duringthe same period the amount and direction of the period`s
change in owner`s equity is
A. Birr 64,000 increase C. Birr 16,000 decrease
B. Birr 64,000 decrease D. Birr 16,000 increase
9. __________The account which is closed to income summeryaccount at the end of period
A. Cash C. Capital
B. Salary expense D. Liability
10. _________The post-closing trial balance would include whichof the following accounts
A. Cash C. Salary Expense
B. Sales D. Revenue
11. __________The balance in unearned rent at the end of aperiod represents
A. Asset C. Revenue
B. Liability D. Expense
12. __________On July 1, the first year salary expense has a credit balance of birr 5,500.On July 3,
the first pay day in the year,salaries paid of birr 21,700 are paid. What is the salary expense for
July1-3?
A. Birr 5,500
B. Birr 16,200
C. Birr 21,700
D. Birr 27,200
13. ___________Checks issued and recorded by the company but not yet presented to the
bankForpayment are
A. outstanding checks C. Paid Checks
B. Deposit in transit D. Service Charge
14. ___________The most liquid asset
A. Account Receivable C. Cash
B. Notes Receivable D. Supplies
15. __________An over statement of ending inventory result in
A. An over statement of total assets B. An understatement of net income

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C. An understatement of net income D. Understatement of Assets
16. ___________If revenue was birr 45,000 expenses were birr37,500 and the owner`s with drawl
were birr 10,000 theamount of net income or net loss was
A. 45,000 net income C. 37,500 net loss
B. 7,500 net income D. 2,500 net loss
17. ___________Accounting information should not be
A. Relevant C. Timelines
B. Reliable D. Unreliable
18. _____________Accounting is not concerned with
A. Design of the accounting system
B. Preparation of financial statements
C. Interpretation of the reports
D. Interpretation of non-financial transactions
19. _________A debit may significant
A. An increase in expense account C. An increase in liability account
B. A decrease in asset account D. An increase in revenue
20. _________ Direct tax
A. Employee income tax C. VAT
B. Turnover tax D. TOT
21. _________ Distribution of earrings to stockholders is
A. Retained earnings C. Dividend
B. Withdrawals D. Expense
SECTION G – MATCHING TYPE QUESTIONS
Match column A with column B. Select the letter of the correct answer from column B and write
your answer
Column A

1. Advantage of direct tax

2. Equality of debit and credit
3. Each record in a journal
4. Added to bank balance
5. Summary of cash receipts and payments
6. Normal balance for Asset account
7. Book of secondary event
8. List of accounts in the ledger
9. For relatively small amount of expenses
10. Book of original entry
11. Indirect tax
12. End of accounting process
13. Direct tax
14. Disadvantage of indirect tax
15. Records only one type of transaction
Column B
A. Cash flow statement
B. Ledger
C. Deposit In transit
D. Sales Tax
E. Journal

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F. Debit
G. Equitable
H. Special Journal
I. Uncertainty
J. Property tax
K. Trial Balance
L. Chart of account
M. Entry
N. Post-closing Trial balance
O. Petty cash
P. Income Statement
Q. Outstanding checks
S. Balance sheet

1. Balance Sheet Business Entity Concept

2. Plan Separate Sheet Automatic Software Function
3. Sales Tax Consumer
4. Performance Measurement Continuous Improvement
5. Income Summary Clothe To Capital Account
6. Promotion Press Release
7. Expense Account Fright In And Out
8. Formula Percentage
9. Method Of Communication Speaking To Group
10. Feed Back Source Document
11. Retained Earing ( Double Taxation) Corporation
12. Coaching And Monitoring Providing Assistance With Problem Solving
13. Specific Need Of Customer Culture
14. Complete Documentation Service Process And Outcome Are Recorded
15. Long Term Liability Bond
16. Collected On The Value Of The Sold Tariff
17. An Exchange Between Two Or More Business Transaction
18. Organized And Schedule Activity Work Plan
19. Deduction From Employee Earning Income Tax

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 20. Accounting Period Unused Supplies
21. Business Goal Profitability
22. Money Paid For Worker Wages
23. Right Or Claim Of Property Equity
24. Biggest Segment Of Economy Corporation
25. Revenue And Expense Temporary Account
26. Incurred When And Currency Is Another Money Measure
27. Economic Secured Owned By Asset
28. Increase In Owner Equity Net Income
29. An Amount Associated With Transaction Cost
30. Owned Asset
31. Owed Liability
32. Cash Most Liquid Asset
33. Stock Holder Common Stock
34. Financial Statement Balance Sheet
35. Nontaxable Allowance Desert Allowance
36. Report Entity Report
37. Cost Prime Cost
38. Agreement Of Partnership Article Partnership
39. Accounting Cycle Analyzing Transaction
40. First Cost Business Entity Concept
41. Budget Plan
42. Credit policy of bank National bank of Ethiopia
43. Income statement Cost of goods sold
44. Taxable allowance Housing allowance
45. General journal Adjusting trial balance
46. Quick book Account software
47. Fiscal years Financial position
48. Schedule Rental income tax
49. Standard Quality of book
50. Indirect tax Value added tax
51. Spread Sheet Software Function

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