Search Header Logo

Unit 2 - Financial Planning

Authored by Veronica Marine

Business

11th Grade

Used 44+ times

Unit 2 - Financial Planning
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A statement of actual income and spending for a certain time period, usually a year or month.

A mortgage

Break-even

Cash flow

Profit and loss

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Items of value owned by an individual that are likely to increase in value over time, such as savings, investments, and real estate.

Regular Assets

Liabilities

Wealth Building Assets

Net worth

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The debts of a person or company; loans or expenses that must be paid.

Liabilities

Assets

Income Statement

Statement of Cash Flows

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A list of all of a person's assets and liabilities at a specific point in time. This Statement can determine current net worth and should be updated at least once a year.

Cash Flow Statement

Income Statement

Balance Sheet

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything an individual owns that has commercial or exchange value. This can include houses, cars, computers, collectibles, stocks, bonds, cash in the bank, and so on.

liability

asset

net worth

expenses

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?