Accounting & Finance

Accounting & Finance

6th - 8th Grade

10 Qs

quiz-placeholder

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Accounting & Finance

Accounting & Finance

Assessment

Quiz

Other

6th - 8th Grade

Medium

Created by

Mary Glenn

Used 116+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Recommend financial products, such as stocks, bonds, mutual funds, or insurance; Recommend to clients strategies in cash management, insurance coverage,investment planning, or other areas to help them achieve their financial goals is 
investment counselor
stock broker

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A professional individual who executes buy and sell orders for stocks and other securities through a stock market, or over the counter, for a fee or commission.
stock broker
investment counselor

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This shows the NET WORTH of the company.
Owner's Equity
Liabilities
Assets
Revenue

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A specific period of time covered by an accounting statement or report (1 month or year).
statement period
fiscal period
yearly period
monthly period

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money a company earns is called
revenue
profit
sales
expense

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This results when a business' expenses are greater than its income.
income
profit
revenue
revenue
loss

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mortgage loan debt, accounts payable are all classified as Items On Income Statement.
true
false

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