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Accounting 9 weeks test

Authored by Melanie Johnson Wood

Business

9th - 12th Grade

Used 14+ times

Accounting 9 weeks test
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38 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

planning, recording, analyzing, and interpreting financial information

accounting

accounting records

file maintenance

financial statements

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial reports that summarize the financial condition and operations of a business

accounting

file maintenance

financial statements

accounting equation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a business that performs an activity for a fee

accounting

financial statements

accounting records

service business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business owned by one person

proprietorship

service business

accounting

accounting records

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything of value that is owned

asset

liability

owner's equity

equity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial rights to the assets of a business

asset

equities

revenue

sales

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount owed by a business

asset

owner's equity

equities

liability

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