CF 6 Asset

CF 6 Asset

University

15 Qs

quiz-placeholder

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CF 6 Asset

CF 6 Asset

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Phan Quang

Used 3+ times

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What are company assets?

The debts a company owes
The things a company owns
The salaries of the employees
The taxes a company pays

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is an example of a current asset?

A building
Land
Inventory
Patents

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is not an example of a fixed asset?

Equipment
Buildings
Land
Accounts receivable

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is an example of an intangible asset?

Land
Buildings
Patents
Equipment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which financial statement lists a company's assets?

Income statement
Balance sheet
Cash flow statement
Statement of changes in equity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is an example of a long-term asset?

Accounts receivable
Inventory
Patents
Cash

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The financial statement showing a firm's accounting value on a particular date is the:

Balance Sheet

Income Statement

Statement of Cash Flows

ALL

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