BF10 4.0 Study

Front

The accounting document that shows a business’s revenue and expenses is a/an:

Back

income statement.

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.

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

Front

The finance activity regarding how to source income is called:

Back

acquiring funds.

Front

The Happy Toys Company Board of Directors has decided to give some of its profits from the year to its shareholders. It has decided to pay a:

Back

dividend.

Front

Cash is an example of:

Back

assets.

Front

Which represents the inflow of funds into a business? Options: cash, debt, expenses, liabilities

Back

cash

Front

Create uniformity between financial statements. Produce documents that look professional.

Back

Create uniformity between financial statements.

Front

Jordan owns a successful landscaping business. Landscaping is an example of a/an:

Back

service

Front

Molly plans out each part of the operations process to ensure the right item is in the right place at the right time. What part of the operations function is this?

Back

logistics