Statements

Statements

1st - 12th Grade

6 Qs

quiz-placeholder

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Statements

Statements

Assessment

Quiz

Business

1st - 12th Grade

Medium

Created by

Fabrizio Crino

Used 3+ times

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6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Revenue = cost of production x quantity sold

Media Image
Media Image

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

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Net profit is the difference between gross profit and...

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An income statement is produced by...

Government

Employees

Managers

Shareholders

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

Examples of current assets are...

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Current liabilities are long-term debts.

Media Image
Media Image

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By law, limited companies must produce a statement of financial position every...

year

six months

3 months

3 years

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