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English
University
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10 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
A list of all employees and their wages?
Balance sheet
Liability
Payroll
Journal
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash or something that is easily convertible into cash?
Liquid assets
Net income
Payroll
Journal
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something that is legally owned by a person or company?
Expense
Property
Cash Flow
Liquid assets
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An obligation to settle a debt; money owed to someone?
Liability
Payroll
Journal
Expense
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
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
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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