busness  + pepa pig

busness + pepa pig

7th Grade

11 Qs

quiz-placeholder

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busness  + pepa pig

busness + pepa pig

Assessment

Quiz

Business

7th Grade

Practice Problem

Hard

Created by

Dawson L

Used 6+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounting

The system of recording and reporting financial activity and transactions. 

the proccesThe system of recording and reporting financial activity and transactions. 

not The system of recording and reporting financial activity and transactions. 

a job

Answer explanation

Media Image

did u know i am a murder? yes patrick is dead squidwar and mr crabs is and i might say what the craby patty formula is

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Audit

A formal examination of a company’s financial records for accuracy and compliance with regulations.

not A formal examination of a company’s financial records for accuracy and compliance with regulations.

a formal thingy

not a real job

Answer explanation

Media Image

the secret ingredient is crab

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Budget

A plan that shows what you expect to earn and spend in a certain period of time.

not A plan that shows what you expect to earn and spend in a certain period of time.

not saving money

not getting a job and wasting money

Answer explanation

not pone

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial Statements

A written report which describes the financial health of a company; prepared on a quarterly and annual basis.

Balance Sheet, Income Statement, Statement of Changes in Owner's Equity

not A written report which describes the financial health of a company; prepared on a quarterly and annual basis.

Balance Sheet, Income Statement, Statement of Changes in Owner's Equity

not finaccial stufff

A written report which describes the financial health of a company; prepared on a quarterly and annual basis.

Balance Sheet, Income Statement, Statement of Changes in Owner's EquityA written report which describes the financial health of a company; prepared on a quarterly and annual basis.

Balance Sheet, Income Statement, Statement of Changes in Owner's EquityA written report which describes the financial health of a company; prepared on a quarterly and annual basis.

Balance Sheet, Income Statement, Statement of Changes in Owner's EquityA written report which describes the financial health of a company; prepared on a quarterly and annual basis.

Balance Sheet, Income Statement, Statement of Changes in Owner's EquityA written report which describes the financial health of a company; prepared on a quarterly and annual basis.

Balance Sheet, Income Statement, Statement of Changes in Owner's EquityA written report which describes the financial health of a company; prepared on a quarterly and annual basis.

Balance Sheet, Income Statement, Statement of Changes in Owner's Equity

Answer explanation

the awnser is the right one

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Balance Sheet

A report showing all assets, liabilities, and owner’s equity of a business at a specific point in time.

not A report showing all assets, liabilities, and owner’s equity of a business at a specific point in time.

A report showing all assets, liabilities, and owner’s equity of a business at a specific point in time.A report showing all assets, liabilities, and owner’s equity of a business at a specific point in time.A report showing all assets, liabilities, and owner’s equity of a business at a specific point in time.A report showing all assets, liabilities, and owner’s equity of a business at a specific point in time.A report showing all assets, liabilities, and owner’s equity of a business at a specific point in time.A report showing all assets, liabilities, and owner’s equity of a business at a specific point in time.A report showing all assets, liabilities, and owner’s equity of a business at a specific point in time.

noA report showing all assets, TOES liabilities, and owner’s equity of a business at a specific point in time.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets

Things (items) of value owned by a company.

not valuble items

broken items

poor homelees kids life savings

Answer explanation

u poor brokie

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Liabilities

Money owed by the business (debts, accounts payable)

not a a aaap person u can trust

owing a guy money

not getting your 100 money chachinhg from a freind

Answer explanation

i still need my money back braiden

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