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B4- Assets and Liabilities

Authored by Andrew North

Business

10th Grade

Used 88+ times

B4- Assets and Liabilities
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Debtors are

People we owe money

People that owe us money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Property is an example of

Current asset

Fixed asset

Current liability

Long term liability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Overdraft is an example of

Current asset

Fixed asset

Current liability

Long term liability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash in the bank is an example of a

Current asset

Fixed asset

Current liability

Long term liability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank loan is an example of a

Current asset

Fixed asset

Current liability

Long term liability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Creditors is an example of a

Current asset

Fixed asset

Current liability

Long term liability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Machinery is an example of a

Current asset

Fixed asset

Current liability

Long term liability

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