Finance

Finance

Assessment

Flashcard

Other

9th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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99 questions

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1.

FLASHCARD QUESTION

Front

Businesses must comply with regulations that limit the amount and type of pollution and waste they produce. These regulations are referred to as ________ laws.

Back

environmental

2.

FLASHCARD QUESTION

Front

What form of business ownership is best to use when the business owners have difficulty acquiring enough money to pay for the startup costs and initial operating expenses? Options: Partnership, Sole proprietorship, Franchise, Corporation

Back

Partnership

3.

FLASHCARD QUESTION

Front

An important purpose of full-disclosure laws and regulations is to

Back

provide information to investors so they can make informed decisions.

4.

FLASHCARD QUESTION

Front

Which of the following is a tax-deductible gift: Stocks, Vacation home, Charitable donation, Inherited items?

Back

Charitable donation

5.

FLASHCARD QUESTION

Front

Which of the following is an example of a preventive internal control: Physical inventories, Data reconciliations, Variance analyses, Segregation of duties

Back

Segregation of duties

6.

FLASHCARD QUESTION

Front

What type of technology do businesses use to inspect financial transactions and ensure that they are in compliance with government regulations?

Back

Virtual auditors

7.

FLASHCARD QUESTION

Front

A researcher should consider an author's expertise in a particular topic when assessing the validity of written articles and publications to

Back

evaluate the author's level of credibility.

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