generated from muhtadeetaron/nextjs-template
fix(api): fix api endpoint logic #6
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Dacca Retro
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{
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"questions": [
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{
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"correct_answer": "Assets = Liabilities + Equity",
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"difficulty": "Easy",
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"explanation": "This is the basic accounting equation.",
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"is_randomized": true,
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"options": [
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"Assets = Liabilities + Equity",
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"Assets = Revenue - Expenses",
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"Assets = Liabilities - Equity",
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"Assets = Equity - Liabilities"
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],
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"question": "What is the basic accounting equation?",
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"source_type": "Mock",
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"subject_id": "f1c1d54a-0b29-44e2-8f95-ecf9f9e6d8b7",
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"topic_id": "a1b2c3d4-e5f6-7890-abcd-1234567890ab",
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"type": "Single"
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},
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{
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"correct_answer": "Balance Sheet",
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"difficulty": "Easy",
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"explanation": "A balance sheet shows a company's assets, liabilities, and equity at a specific point in time.",
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"is_randomized": true,
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"options": [
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"Balance Sheet",
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"Income Statement",
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"Cash Flow Statement",
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"Statement of Retained Earnings"
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],
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"question": "Which financial statement shows a company's assets, liabilities, and equity?",
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"source_type": "Mock",
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"subject_id": "f1c1d54a-0b29-44e2-8f95-ecf9f9e6d8b7",
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"topic_id": "b2c3d4e5-f678-9012-abcd-2345678901bc",
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"type": "Single"
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},
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{
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"correct_answer": "Revenue - Expenses",
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"difficulty": "Easy",
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"explanation": "Net income is calculated by subtracting expenses from revenue.",
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"is_randomized": true,
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"options": [
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"Revenue - Expenses",
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"Assets - Liabilities",
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"Equity + Liabilities",
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"Revenue + Expenses"
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],
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"question": "How is net income calculated?",
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"source_type": "Mock",
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"subject_id": "f1c1d54a-0b29-44e2-8f95-ecf9f9e6d8b7",
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"topic_id": "c3d4e5f6-7890-1234-abcd-3456789012cd",
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"type": "Single"
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},
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{
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"correct_answer": "Accounts Receivable",
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"difficulty": "Easy",
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"explanation": "Accounts receivable represents money owed to a company by its customers.",
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"is_randomized": true,
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"options": [
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"Accounts Receivable",
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"Accounts Payable",
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"Inventory",
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"Prepaid Expenses"
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],
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"question": "Which account represents money owed to a company by its customers?",
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"source_type": "Mock",
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"subject_id": "f1c1d54a-0b29-44e2-8f95-ecf9f9e6d8b7",
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"topic_id": "d4e5f678-9012-3456-abcd-4567890123de",
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"type": "Single"
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},
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{
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"correct_answer": "Depreciation",
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"difficulty": "Medium",
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"explanation": "Depreciation is the allocation of the cost of a tangible asset over its useful life.",
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"is_randomized": true,
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"options": [
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"Depreciation",
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"Amortization",
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"Depletion",
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"Appreciation"
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],
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"question": "What is the allocation of the cost of a tangible asset over its useful life called?",
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"source_type": "Mock",
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"subject_id": "f1c1d54a-0b29-44e2-8f95-ecf9f9e6d8b7",
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"topic_id": "e5f67890-1234-5678-abcd-5678901234ef",
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"type": "Single"
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},
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{
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"correct_answer": "Accrual Basis",
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"difficulty": "Medium",
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"explanation": "Accrual basis accounting recognizes revenues and expenses when they are incurred, not when cash is exchanged.",
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"is_randomized": true,
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"options": [
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"Accrual Basis",
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"Cash Basis",
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"Modified Cash Basis",
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"Tax Basis"
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],
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"question": "Which accounting method recognizes revenues and expenses when they are incurred, regardless of when cash is exchanged?",
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"source_type": "Mock",
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"subject_id": "f1c1d54a-0b29-44e2-8f95-ecf9f9e6d8b7",
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"topic_id": "f6789012-3456-7890-abcd-6789012345fa",
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"type": "Single"
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},
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{
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"correct_answer": "Liabilities",
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"difficulty": "Easy",
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"explanation": "Liabilities are obligations that a company owes to outside parties.",
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"is_randomized": true,
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"options": [
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"Liabilities",
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"Assets",
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"Equity",
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"Revenue"
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],
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"question": "What are obligations that a company owes to outside parties called?",
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"source_type": "Mock",
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"subject_id": "f1c1d54a-0b29-44e2-8f95-ecf9f9e6d8b7",
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"topic_id": "a7890123-4567-8901-abcd-7890123456ab",
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"type": "Single"
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},
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{
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"correct_answer": "Double-entry",
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"difficulty": "Medium",
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"explanation": "Double-entry accounting means every transaction affects at least two accounts.",
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"is_randomized": true,
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"options": [
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"Double-entry",
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"Single-entry",
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"Triple-entry",
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"Quadruple-entry"
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],
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"question": "What is the accounting system called where every transaction affects at least two accounts?",
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"source_type": "Mock",
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"subject_id": "f1c1d54a-0b29-44e2-8f95-ecf9f9e6d8b7",
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"topic_id": "b8901234-5678-9012-abcd-8901234567bc",
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"type": "Single"
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},
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{
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"correct_answer": "Owner's Equity",
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"difficulty": "Easy",
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"explanation": "Owner's equity represents the owner's claims to the assets of the business.",
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"is_randomized": true,
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"options": [
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"Owner's Equity",
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"Liabilities",
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"Revenue",
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"Expenses"
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],
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"question": "What is the owner's claim to the assets of a business called?",
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"source_type": "Mock",
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"subject_id": "f1c1d54a-0b29-44e2-8f95-ecf9f9e6d8b7",
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"topic_id": "c9012345-6789-0123-abcd-9012345678cd",
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"type": "Single"
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},
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{
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"correct_answer": "Matching Principle",
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"difficulty": "Medium",
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"explanation": "The matching principle requires that expenses be matched with related revenues.",
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"is_randomized": true,
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"options": [
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"Matching Principle",
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"Revenue Recognition Principle",
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"Cost Principle",
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"Conservatism Principle"
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],
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"question": "Which accounting principle requires that expenses be matched with related revenues?",
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"source_type": "Mock",
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"subject_id": "f1c1d54a-0b29-44e2-8f95-ecf9f9e6d8b7",
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"topic_id": "d0123456-7890-1234-abcd-0123456789de",
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"type": "Single"
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}
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]
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}
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