Career Paths Accounting 1 Unit 7

Career Paths Accounting 1 Unit 7

Professional Development

16 Qs

quiz-placeholder

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Career Paths Accounting 1 Unit 7

Career Paths Accounting 1 Unit 7

Assessment

Quiz

English

Professional Development

Hard

CCSS
6.NS.C.7C

Standards-aligned

Created by

Sandra Dróżdż

Used 12+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A statement showing financial infomation for a certain period

gross margin

sales revenue

P&L

general and administrative expenses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that is paid to a government

gross margin

sales revenue

taxes

general and administrative expenses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The costs associated with organizing and running a business

sales revenue

P&L

general and administrative expenses

taxes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount that is calculated by substracting cost of goods sold

gross margin

sales revenue

P&L

expenses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The money that is received from selling goods or services

taxes

sales revenue

P&L

gross margin

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Subtract taxes from the ... to find net income.

operating margin

net income

gross margin

sales revenue

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

... is the act of exchanging goods for money.

Selling

Revenue

Net income

Statement

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