Update accounting-quiz.md (#2189)

answer attempted

accounting/accounting-quiz.md

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 #### Q1. Which statement is not an advantage of robotic process automation (RPA)?
 
-- [ ] Bots are more creative than humans
+- [* ] Bots are more creative than humans
 - [ ] Bots do no need to take time off
 - [ ] Bots improve efficiency
 - [ ] Bots can eliminate human errors
 
 #### Q2. What effect does a contra asset account have on a balance sheet?
 
 - [ ] A contra asset is not an accounting term
-- [ ] A contra asset has a credit balance and therefore a negative effect on total assets
+- [* ] A contra asset has a credit balance and therefore a negative effect on total assets
 - [ ] A contra asset with a positive balance will increase overall liabilities
 - [ ] A contra asset has a debit balance and therefore a positive effect on total assets
 
 #### Q3. Internal controls may be preventative, detective, corrective, or directive. Which is a detective control?
 
 - [ ] data backups
-- [ ] physical inventory check
+- [* ] physical inventory check
 - [ ] employee background checks
 - [ ] physical locks on inventory warehouse
 
@@ -26,81 +26,81 @@
 - [ ] April
 - [ ] March
 - [ ] no record required
-- [ ] February
+- [* ] February
 
 #### Q5. Which choice is a general guideline for adequate separation of duties to prevent both fraud and error?
 
 - [ ] A person who has control over an asset should not safeguard that asset.
 - [ ] A person who has temporary or permanent custody of an asset should not account for that asset.
-- [ ] A person who has record-keeping responsibility should not make journal entries.
+- [* ] A person who has record-keeping responsibility should not make journal entries.
 - [ ] A person who has operational responsibility should not authorize transactions for the area.
 
 #### Q6. What does the cost of a unit of product under absorption costing method consist of?
 
 - [ ] direct materials, direct and indirect labor, and fixed overhead
 - [ ] direct materials, indirect labor, and variable and fixed overhead
-- [ ] direct materials, direct labor, and both variable and fixed overhead
+- [* ] direct materials, direct labor, and both variable and fixed overhead
 - [ ] direct materials, direct and indirect labor, and variable overhead
 
 #### Q7. Which answer best describes accruals and deferrals?
 
 - [ ] Accruals are past cash receipts and payments, while deferrals are expected future cash receipts and payments.
 - [ ] Both accruals and deferrals are both expected future cash receipts and payments.
-- [ ] Accruals are expected future cash receipts and payments, while deferrals are past cash receipts and payments.
+- [* ] Accruals are expected future cash receipts and payments, while deferrals are past cash receipts and payments.
 - [ ] Both accruals and deferrals are not expected past cash receipts and payments.
 
 #### Q8. What do you call a situation where more than one person collaborates to circumvent existing internal controls?
 
 - [ ] assigned responsibility
 - [ ] segregation of duties
 - [ ] fraud prevention
-- [ ] collusion
+- [* ] collusion
 
 #### Q9. Which is not an example of an internal control activity?
 
 - [ ] review of manufacturing plan
 - [ ] segregation of duties
-- [ ] bank reconciliations
+- [* ] bank reconciliations
 - [ ] approval process
 
 #### Q10. Which budgeting approach request justification of all expenditures?
 
-- [ ] zero-based budgeting
+- [* ] zero-based budgeting
 - [ ] master budgeting
 - [ ] rolling budgets
 - [ ] bottom-up budgeting
 
 #### Q11. What does the discontinued operations section of the income statement refer to?
 
-- [ ] disposal of a major product line or major geographical area of operations
+- [* ] disposal of a major product line or major geographical area of operations
 - [ ] sale of unused or obsolete equipment and discontinued inventory
 - [ ] a plant shutdown or decommissioning of a facility
 - [ ] net income or loss for products completed and sold
 
 #### Q12. How are the three financial statements (income, statement, balance sheet, and cash flow statement) linked?
 
 - [ ] Only the assets are reflected in the cash flow statement, and the net income expenses correlate with the liabilities.
-- [ ] The net income goes to retained earnings, but the cash flow remains independent.
+- [* ] The net income goes to retained earnings, but the cash flow remains independent.
 - [ ] The gross profit goes to retained earning, and the shareholder equity total is added to the cash flow statement
 - [ ] The net income goes to the retained earning and to the cash flow statement
 
 #### Q13. Which is not one of the four perspectives of the balanced scorecard?
 
 - [ ] internal business
 - [ ] learning and growth
-- [ ] quantitative
+- [* ] quantitative
 - [ ] customer
 
 #### Q14. What would be deducted from the balance per books when doing a bank reconciliation?
 
 - [ ] deposits in transit
 - [ ] bank service fees
-- [ ] outstating checks
+- [* ] outstating checks
 - [ ] electronic fund transfers/payments
 
 #### Q15. What situation could be the results of the three retails store employees sharing the same cash register?
 
 - [ ] a thorough internal control activity
-- [ ] a violation of assignment of responsibility
+- [* ] a violation of assignment of responsibility
 - [ ] a violation of segregation of duties
 - [ ] a support process to avoid fraud