Basic Accounting Processes

Basic Accounting Processes

9th - 12th Grade

26 Qs

quiz-placeholder

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Basic Accounting Processes

Basic Accounting Processes

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Candy Holley-Hawkins

Used 25+ times

FREE Resource

26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Individuals or firms that invest money professionally

bootstrapping

accounting equation

line of credit

venture capitalist

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ownership in a business

due diligence

line of credit

equity

 accounting equation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things of value banks can take if you don’t pay a loan back.

collateral

assets

income statements

financial statements

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Creative techniques to get a business started

leverage

bootstrapping

assets

collateral

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a team of experts checks out a business.

due diligence

due process

coaching

scoping

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An agreement by a bank to lend money.

character

line of credit

assets

cash flow

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things you own

stuff

items

assets

liabilities

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