
Activity 4. Multiple Choice
Authored by JOY GOZUN
Education
12th Grade

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It represents all the investments in the enterprise.
Assets
Liabilities
Owner's Equity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A financial statement that summarizes a company's assets, liabilities, and owner's equity at a specific point in time.
Balance Sheet
Cash Flow Statement
Income Statement
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It represents the investor's investments in the stock
(or shares) of the business.
Assets
Liabilities
Owner's Equity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It can be convertible into cash in a short period of time.
Fixed Assets
Current Liabilities
Current Assets
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It represents the enterprise's debts to supplier's, to bank, to government, to employees, and other financiers.
Assets
Liabilities
Owner's Equity
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