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i need help to answer the multiple choice 1. 1 The...

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Accounting

i need help to answer the multiple choice
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1. 1 The recording of financial transactions journal entries electronically is called which of the following? A) Bookkeeping B) Budgeting C) Auditing D) Reporting 2. 2 What is the greatest advantage of utilizing QuickBooks as your main accounting software solution? A) readiness and ease of access B) user friendly C) accuracy at transaction recording E) None of the above 3. 3 An accountant has the responsibility to coordinate the annual budget processes of the business corporation she works for. Who is in charge of signing off the financial statements to make them official A) Manager B) CFO C) CEO D) Auditors 4. 4 If at the end of the accounting period the liabilities total $90,000, and equity totals $32,000, then what must be the total of the assets ? A) $14,000 B) $19 000 C) $32,000 D) $122.000 E) None of the above 5. 5 Which one is the only country still working under GAAP? A)Canada B) France C) Japan D) United States

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