Finance and Accounting

Finance and Accounting

6th - 8th Grade

20 Qs

quiz-placeholder

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Finance and Accounting

Finance and Accounting

Assessment

Quiz

Other

6th - 8th Grade

Hard

Created by

Keith Ransom

Used 316+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A system of recording and reporting financial activity is called
Finance
Accounting
audit
Budger

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Things owned by a company
liablities
profit
assets
loss

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Net worth of a business
balance sheet
financial statement
Income statement
Owners Equity

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A formal examination of a company's financial records
Fiscal Period
budget
audit
revenue

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Money owed by a business 
assets
loss
profit
liabilities

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A plan that shows what you expect to earn and spend in a certain period of time
budget
financial statement
Income statement 
Fiscal period

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

a written report which describes the financial health of a company
income statement
financial statement
Owner's Equity
statement of change

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