Module 4 Test - Business Essentials

Module 4 Test - Business Essentials

Assessment

Flashcard

Business

12th Grade

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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