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Statements
Quiz
•
Business
•
1st - 12th Grade
•
Medium
Fabrizio Crino
Used 3+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Revenue = cost of production x quantity sold
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
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
Examples of current assets are...
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Current liabilities are long-term debts.
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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