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Accountancy Vocabulary

Authored by Monica Restrepo

Professional Development, Business

10th Grade

Used 36+ times

Accountancy Vocabulary
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23 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A person whose job is to keep, inspect, and analyze financial accounts is an:

Artis

Accountant

Manager

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A commercial business is also a:

Home

Company

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

Assets are the items your company owns and Liabilities are what you owe other companies.

True

False

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

The ______________ provides a static picture of

the financial position at a point in time.

Company

Balance Sheet

Accountant Sheet

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

a person or company to whom money is owing or payable is known as:

Loaner

Creditor

Owner

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

If you owe money to a bank or company you are a:

Debtor

Creditor

Loaner

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

_______ is the money that comes in, ___________ the money that goes out.

Income - Expenses

Spense - Encome

Dolar - Peso

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