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Accounting Quiz: 3rd-5th

Authored by Sis. M

Professional Development, Mathematics

3rd - 8th Grade

Used 10+ times

Accounting Quiz: 3rd-5th
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______________________ is the system or practice of recording the amounts of money made and spent by a person or business

Business

Liabilities

Accounting

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________ is all the property of a person, corporation, or estate that may be used in payment of debts

Social Studies

Liabilities

Quantitative Information

Assets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash is a ___________

Asset

Liabilities

Owner's Equity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Taxes is a __________

Asset

Liabilities

Owner's Equity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Stock is __________

Asset

Liabilities

Owner's Equity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

___________ is something owed to another : a thing or amount due

Asset

Liabilities

Owner's Equity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________ is a financial statement that reports a company's assets, liabilities, and shareholder equity

Accountant

Balance Sheet

Financial Information

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