Content of Quiz 1 – 3 questions, 30 minutes, 10 marks.
1. (3 marks) Definition question – could be 1) accounting,2) objective of financial reporting, or 3)
define and discuss significance of a concept. Can use bullets but no abbreviations and full
sentences must be used.
2. (3marks) Relevance question. How is accounting relevant to Human Resources Management,
tax authorities, businesses, investors, unions, work