The Fabulous World of Financial Statements
Authored by Elizabeth Smith
Business
4th - 5th Grade
Used 6+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
All of the below are financial statements EXCEPT...
Tax Sheet
Balance Sheet
Income Statement
Cash Flow Statement
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
This financial statement shows the amount of money earned...
Balance Sheet
Income Statement
Cash Flow Statement
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An asset can include cash, real estate, or inventory that a business has...
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which financial statement shows how money is being spent?
Income Statement
Balance Sheet
Cash Flow Statement
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The balance sheet contains information found on the income statement and cash flow statement...
True
False
6.
MULTIPLE SELECT QUESTION
45 sec • 5 pts
Financial statements are used to...
Help business leaders make decisions
Understand how much money a company is making
Review expenses
Wallpaper your living room
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An income statement shows you how a business's money was spent...
True
False
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