Accounting
busness + pepa pig

Quiz
•
Business
•
7th Grade
•
Hard
Dawson L
Used 5+ times
FREE Resource
11 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
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
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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