Accounting Glossary

Accounting Glossary

University

10 Qs

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Accounting Glossary

Accounting Glossary

Assessment

Quiz

English

University

Medium

Created by

Marisol Magallon

Used 17+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Set of concepts used to measure and report financial information.

Activity

Accounting

Credit

Cash

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business organization where ownership is represented.

Employee

Credit card

Corporation

Account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial statement that presents a firm's assets, liabilities.

Cash

Accounting

Credit

Balance sheet

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Concept that relates to income from continuing operations

Earnings

Credit

Cash

Balance sheet

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Planning tool that outlines the financial plans for an organization

Credit card

Budget

Balance sheet

Activity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Person who works for a specific business.

Accounting

Corporation

Employee

Auditing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Items acceptable to a bank for deposit and free from restrictions.

Account

Budget

Credit card

Cash

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