Question 1
What is the main purpose of accounting in a business?
Correct Answer:
To provide financial information for decision-making
Question 2
How does bookkeeping differ from accounting?
Correct Answer:
Bookkeeping records day-to-day transactions; accounting also summarises, analyses and interprets them
Question 3
Which of the following is an internal user of accounting information?
Correct Answer:
The business manager
Question 4
Why do businesses need to ascertain profit or loss?
Correct Answer:
To measure performance and support decisions on growth, drawings and pricing
Question 5
A supplier considering whether to grant credit terms to a Manzini retailer is mainly interested in which type of information?
Correct Answer:
Liquidity and ability to pay debts when due
Question 1
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About this Exam

Prepare with the EGCSE Accounting 6896 Practice Questions - Eswatini General Certificate of Secondary Education - Accounting (6896) Exam practice quiz. This question bank includes 100 questions covering credit, cash, principle, balance, and accounting. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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EGCSE Accounting 6896 Practice Questions - Eswatini General Certificate of Secondary Education - Accounting (6896) Exam

This practice set contains 100 questions from the matching question bank and focuses on credit, cash, principle, balance, and accounting. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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