ANONG TITULO KO SA BUHAY MO?

ANONG TITULO KO SA BUHAY MO?

1st Grade - University

7 Qs

quiz-placeholder

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ANONG TITULO KO SA BUHAY MO?

ANONG TITULO KO SA BUHAY MO?

Assessment

Quiz

Business

1st Grade - University

Practice Problem

Hard

Created by

Rosalia Flores

Used 13+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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REVENUE

CASH

INVENTORIES

RAW MATERIALS

Answer explanation

INVENTORIES-Includes raw materials,work in process items and supplies.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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ACCOUNTS RECEIVABLE

ACCOUNTS PAYABLE

CREDIT CARD

DEBT

Answer explanation

Current Liabilities

•Opposition of A/R

•Contemplate only about borrowings involved in company’s production process.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

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Answer explanation

Classified as current asset.Not only include cash  but also in the form of bank deposits, savings account, and checks.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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VEHICLE

EQUIPMENT

CHAIRS

FURNITURES AND FIXTURES

Answer explanation

Belong to fixed assets that are classified to non-current assets meaning not convertible directly into cash in short period of time.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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LICENSE AND PERMIT EXPENSES

NOTES PAYABLE

INTEREST NOTES

RECEIVABLE NOTES

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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RENT EXPENSES

UTILITIES EXPENSE

ELECTRIC CHARGES

EXPENSES

7.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Media Image

Answer explanation

Is the money generated from normal business operatioIs the money generated from normal business operations, calculated as the average sales price times the number of units sold.ns, calculated as the average sales price times the number of units sold.