Module 4 Test - Business Essentials
Flashcard
•
Business
•
12th Grade
•
Practice Problem
•
Hard
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18 questions
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1.
FLASHCARD QUESTION
Front
The accounting document that shows a business’s revenue and expenses is a/an:
Back
income statement
2.
FLASHCARD QUESTION
Front
Kathy wants to know whether her boutique made or lost money this month. The financial document she should view is her:
Back
income statement
3.
FLASHCARD QUESTION
Front
Jordan owns a successful landscaping business. Landscaping is an example of a/an:
Back
service
4.
FLASHCARD QUESTION
Front
Molly plans out each part of the operations process to ensure the right logistics
Back
logistics
5.
FLASHCARD QUESTION
Front
The finance activity regarding how to source income is called:
Back
acquiring funds
6.
FLASHCARD QUESTION
Front
Connor is working on a billboard to showcase his new service. What part of the marketing mix is he working on?
Back
promotion
7.
FLASHCARD QUESTION
Front
Isabelle owns a home cleaning business. She invoices her customer and records the transaction as soon as she finishes each home cleaning. Which type of accounting method is Isabelle using?
Back
accrual
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