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English for accouting

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English for accouting
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10 questions

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1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

A list of all employees and their wages?

Balance sheet

Liability

Payroll

Journal

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Cash or something that is easily convertible into cash?

Liquid assets

Net income

Payroll

Journal

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Something that is legally owned by a person or company?

Expense

Property

Cash Flow

Liquid assets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

An obligation to settle a debt; money owed to someone?

Liability

Payroll

Journal

Expense

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Money remaining after all expenses and taxes have been paid?

Liquid assets

Equity

Cash Flow

Net income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Liability

An obligation to settle a debt; money owed to someone.

Money remaining after all expenses and taxes have been paid.

A list of all employees and their wages,

An accounting record where all business transactions are INITIALLY entered.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Payroll

A detailed summary of a person's or a company's financial condition at a specific point in time, taking into account their assets, liabilities, etc.

Cash or something that is easily convertible into cash.

A list of all employees and their wages.

This word has 2 meanings: "stock (shares)" and "net worth".

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