Cat accounting quiz

PUBLISHED : Saturday, 13 January, 2007, 12:00am
UPDATED : Saturday, 13 January, 2007, 12:00am

E-mail the answers with your name, contact number, name of school and level of study/business position to no later than 5pm, Wednesday, January 17. The winners will be notified

Financial Accounting

Which document does a supplier usually send to a customer listing all the transactions between them during the month?

A Invoice B Receipt C Statement D Credit note

Which of the following items would generally be paid out of petty cash?

1 Window cleaning charges of HK$200.

2 Hire purchase for a delivery van of HK$1,230.

3 Payment for postage stamps of HK$58.

4 Settlement for goods bought on credit of HK$360

A All of the above B 1, 3, and 4 C 1 only D 1 and 3

If you were an employer recruiting an accountant, what qualities would you look for?

Answer, in English, in about 50 words. There is no right or wrong answer.

Last week's answers

1 D 2 D

Last week's winner

Zoe Ng Wan-nam


First prize Certified accounting technician (CAT) initial registration fee plus first year annual subscription fee (worth about HK$800) and an ACCA USB memory stick (256MB) Second and third ACCA USB memory stick (256MB) 10 merits ACCA souvenirs

All entries will be judged by ACCA Hong Kong. The judges' decision is final.