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POA Chap 5: Statement of Financial Position

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9th Grade

Used 5+ times

POA Chap 5: Statement of Financial Position
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fixtures and fittings

Current asset

Non-current asset

Current liability

Non-current liability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash in hand

Current asset

Non-current asset

Current liability

Non-current liability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bank overdraft

Current asset

Non-current asset

Current liability

Non-current liability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Long-term borrowing (bank loan)

Current asset

Non-current asset

Current liability

Non-current liability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Motor vehicle

Current asset

Non-current asset

Current liability

Owner's equity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Capital

Current asset

Non-current asset

Current liability

Owner's equity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Drawings

Current asset

Non-current asset

Current liability

Owner's equity

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