Accounting Finance Week 2
Authored by Michelle R
Business
8th - 12th Grade
Used 5+ times
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6 questions
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1.
OPEN ENDED QUESTION
1 min • Ungraded
ASSETS =
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OFF
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The right side of the Balance Sheet is called?
Owners Equity
Liabilities
Assets
Stakeholders
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The left side of the Balance Sheet is called?
Assets
Original Investment
Stakeholder Equity
Liabilities
4.
OPEN ENDED QUESTION
1 min • Ungraded
What is the formula for the profit
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5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inventory is not an asset
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you find the unit cost?
Cost of production/No. of products
Selling price minus Cost price
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