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6) Vikram is an accountant employed by a large corporation. He works for the billing and 6) taxation department, preparing and analyzing the company's financial statements. He is most likely to be a accountant. A) legalB) private C) junior D) public E) senior 7) An accounting term that is interchangeable with revenue is 7) A) net income. B) sales. C) price. D) expenses. E) services 8) Alma is an investor who wants to compare the performance of one publishing company 8) with another on an equal, or per share, basis. What is a general finding associated with this practice? A) The more shares of stock a company issues, the less income is available for each share. of stock a company issues, the more income is available for each C) The less shares of stock a company issues, the less income is available for each D) When two companies issue the same amount of stock, one will still generate more E) The amount of shares of stock a company issues has no impact on its income share. share. income than the other. 9) Pals with Paws, a small pet store, is trying to determine its net income. To figure out 9) this value, the company should equate the total profit or loss minus A) expenses, including taxes. B) assets and liabilities. C) sales. D) equity E) income and profits. 10) Dexter works for a publishing company, recording its routine, day-to-day business 10) transactions. His main responsibility is obtaining and recording the information his company needs to analyze its financial position. Based on this description, Dexter is most likely a(n) A) certified fraud examiner. B) financial manager C) bookkeeper. D) accountant. E) federal agent

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