Business Basics -POA Chapter

Business Basics -POA Chapter

9th - 11th Grade

•

38 Qs

quiz-placeholder

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Business Basics -POA Chapter

Business Basics -POA Chapter

Assessment

Quiz

•

Business

•

9th - 11th Grade

•

Practice Problem

•

Medium

Created by

Lorna Graham-Sterling

Used 2+ times

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38 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Debit means left

True
False

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

To increase an asset you would use a 

debit
credit

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

To increase a liability you would use a 

debit
credit

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which category does Cash at bank belongs to?

Non-current asset

Current asset

Non-current liability

Current liability

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which category does Office equipment belongs to?

Non-current asset

Current asset

Non-current liability

Current liability

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which category does Trade payable belongs to?

Non-current asset

Current asset

Non-current liability

Current liability

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which category does Trade receivable belongs to?

Non-current asset

Current asset

Non-current liability

Current liability

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