O'Reilly logo

DK Essential Managers: Understanding Accounts by Stephen Brookson

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Assessing your Accounting Skills

A knowledge of accounting practices and the three key financial statements will ensure that you can interpret and use the information supplied in any set of accounts. Use this questionnaire to test your understanding. Answer the questions as honestly as you can. If your answer is “Never,” mark Option 1, and so on. Add your scores together and refer to the Analysis at the end of the questionnaire.

Options

Never 1 point
Occasionally 2 points
Frequently 3 points
Always 4 points
  1. I am aware of the financial statements that my organization produces.
  2. I know accounts serve different purposes and adjust my conclusions accordingly.
  3. I explore regulations and practice to see how they affect my company’s accounts. ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required