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FP Unit 3 3.01

FP Unit 3 3.01

Assessment

Flashcard

Business

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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9 questions

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1.

FLASHCARD QUESTION

Front

Which item should be placed in the liabilities section on a company balance sheet? Cash, buildings, Inventory, Employee Wages

Back

Employee Wages

2.

FLASHCARD QUESTION

Front

Publicly traded companies are required to provide:

Back

financial statements

3.

FLASHCARD QUESTION

Front

If a stock price rises and falls sharply within a 52-week period, it is said to be:

Back

volatile

4.

FLASHCARD QUESTION

Front

On a stock table, net change shows the difference between: the day's closing price and the previous day's price

Back

the day's closing price and the previous day's price

5.

FLASHCARD QUESTION

Front

What does an income statement show about a company over a period of time?

Back

profitability

6.

FLASHCARD QUESTION

Front

Which is a true statement about ticker symbols?

Back

They uniquely identify a company.

7.

FLASHCARD QUESTION

Front

Which statement is false about Form 8-K? Options: Companies are required to file it within 15 days of a significant event, Companies are required to file it for the first three quarters of the fiscal year. , The form describes changes in company management, products, acquisitions, or legal actions. , The form is important because it alerts investors to events that might affect a company's fundamental value.

Back

Companies are required to file it for the first three quarters of the fiscal year.

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