Entrepreneurship Chapter 6 Review

Entrepreneurship Chapter 6 Review

9th - 12th Grade

41 Qs

quiz-placeholder

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Entrepreneurship Chapter 6 Review

Entrepreneurship Chapter 6 Review

Assessment

Quiz

Business

9th - 12th Grade

Hard

Created by

Deda Rush

Used 3+ times

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41 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The balance due to a creditor on a current account

accounts payable

accounts receiveable

liabilities

assets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

items a business owes

assets

liabiltiies

fixed expense

budget

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

indicates the flow of cash through a business

cash flow statements

balance sheet

income statement

budget

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a financial statement detailing a company's assets, liabilities and owner's equity at one specific moment in time.

balance sheet

income statement

cash flow statement

operations budget

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A detailed estimate of income and expenses for a specific period of time.

budget

income statement

balance sheet

cash flow statement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An expense that fluctuates from month to month

variable expense

fixed expense

accounts payable

liquid expense

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A financial statement detailing a company's financial performance by showing revenue and expenses over a period of time.

income statement

balance sheet

operations budget

cash flow statement

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