Financial Statement _ English for Accounting
University - Professional Development
•10 Qs
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Financial Statement _ English for Accounting
Quiz
•
English
•
University - Professional Development
•
Practice Problem
•
Medium
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Standards-aligned
armania wardhani
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The goods which a company produces, but which have not yet been sold.
Assets
Liabilities
Inventory
Cash
Tags
CCSS.RF.3.3B
CCSS.RF.3.3C
CCSS.RF.3.3D
CCSS.RF.4.3A
CCSS.RF.5.3A
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money in the form of bank notes and coins.
Account payable
Account receivable
Withdrawals
Cash
Tags
CCSS.RI.11-12.7
CCSS.RI.8.7
CCSS.RI.9-10.7
CCSS.RL.11-12.7
CCSS.RL.9-10.7
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A _________________ is the same as a tax declaration – it’s a list of income and tax deductible expenditure for the tax authority.
Tax exile
Tax avoidance
Tax return
Tax evasion
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What basic financial statements can be found in a corporate annual report?
Earnings statement and statement of retained earnings
Balance sheet, income statement, statement of shareholders' equity, and statement of cash flows
Balance sheet, auditor's report and income statement
Statement of cash flows and five-year summary of key financial data
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Smaller profits may be better so that we pay _______________ tax.
much
more
few
less
Tags
CCSS.RF.3.3B
CCSS.RF.3.3C
CCSS.RF.3.3D
CCSS.RF.4.3A
CCSS.RF.5.3A
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A list of all employees and their wages
Balance sheet
Payroll
Liquid assets
Liability
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money remaining after all expenses and taxes have been paid
Expense
Property
Equity
Net income
Tags
CCSS.7.RP.A.3
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