
ANS II Assets/Liabilities 2-5
Quiz
•
Life Skills
•
10th Grade
•
Medium
Albert Jones
Used 3+ times
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10 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these depreciates? (Choose 2)
Land
Animal Feed
Vehicles
Machinery
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of these depreciates? (pick 1)
A tractor
potting soil
chickens
a jar of mayonnaise
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these is a current asset? (pick 2)
mortgage
$20 in your wallet
A truck
money in a savings account
4.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these is a current liability? (pick 2)
phone bill
instructional supply fee at school
15 year mortgage
3 year car loan
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of these is a non-current liability?
4 year car loan
phone bill
cable bill
prom ticket cost
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of these is a non-current asset?
5 acres of land
$500 in the bank
1000 shares of stock in Microsoft
A market hog
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Net worth =
total liabilities - current assets
total assets - non-current liabilities
non-current assets - current assets
total assets - total liabilities
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