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BRS Quiz

Authored by Dr Satya Pavan Kumar R

Business

University

Used 1+ times

BRS Quiz
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash and similar assets are called __________________ because

they can be readily used to pay liabilities.

Liquid assets

Fixed assets

Non-current asset

Intangible asset

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________ are short-term, highly liquid investments that can be readily convertible to a known cash amount

Currency in the business

Goodwill and patents

Cash Equivalents

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Handling cash is separate from recordkeeping for cash.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_________ is sent by bank to each customer that shows the transactions happened during the month.

Check

Bank Statement

Deposit Ticket

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The bank that pays cash to people/businesses on behalf of us is called ________

Payer

Marker

Payee

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