
Basics of FSA Quiz 2023
Authored by Dipali Krishnakumar
Business
Professional Development
Used 1+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much Sales/Revenue a business generated during the year.
Balance Sheet
Profit & Loss
Cash Flow
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much the business owes to external parties
Balance Sheet
Profit & Loss
Cash Flow
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What were the expenses for the business during the year
Balance Sheet
Profit & Loss
Cash Flow
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much cash the business generated from operating activities during the year
Balance Sheet
Profit & Loss
Cash Flow
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the value of assets owned by the business (as per books)
Balance Sheet
Profit & Loss
Cash Flow
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Classify the Item -Bank Balance
Asset
Liability
Income
Expense
Owners Equity/Net Worth
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Classify the Item -Land And Building
Asset
Liability
Income
Expense
Owners Equity/Net Worth
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