Zoe, Grace, and Kai are learning about finance. Can you help them identify the three main types of financial statements?
FINAL

Flashcard
•
Business
•
12th Grade
•
Hard
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24 questions
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1.
FLASHCARD QUESTION
Front
Back
income statement, balance sheet, and cash flow statement
2.
FLASHCARD QUESTION
Front
The amount a business makes when total revenue exceeds total expenses.
Back
Profit
3.
FLASHCARD QUESTION
Front
Amount of money that a business earns in a given period.
Back
Revenue
4.
FLASHCARD QUESTION
Front
Pay later: credit card, debit card, prepaid card, none of these
Back
credit card
5.
FLASHCARD QUESTION
Front
Pay now: credit card, prepaid card, debit card, all of these
Back
debit card
6.
FLASHCARD QUESTION
Front
What are principles that guide behavior and decision-making called?
Back
Ethical standards
7.
FLASHCARD QUESTION
Front
Not to be shared or told; to be held in confidence, or kept to oneself
Back
confidentiality
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