FP Unit 3 3.01

FP Unit 3 3.01

Assessment

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Business

9th - 12th Grade

Hard

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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.

8.

FLASHCARD QUESTION

Front

Which information is a person unable to obtain from a stock table? Options: the daily volume, the yearly price range of the stock, whether the stock price is up or down, breaking news affecting the company that day

Back

breaking news affecting the company that day

9.

FLASHCARD QUESTION

Front

Which document is different from a standard financial statement? Options: balance sheet, shareholder sheet, income statement, cash flow statement

Back

shareholder sheet