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Finance for Non-Finance (Activity 3)

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Finance for Non-Finance (Activity 3)
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Depreciation" can be categorized under which element of accounting?

Asset

Liability

Equity

Income

Expense

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Inventory" can be categorized under which element of accounting?

Asset

Liability

Equity

Income

Expense

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Share capital" can be categorized under which element of accounting?

Asset

Liability

Equity

Income

Expense

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Manufacturing plant" can be categorized under which element of accounting?

Asset

Liability

Equity

Income

Expense

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Trademark" can be categorized under which element of accounting?

Asset

Liability

Equity

Income

Expense

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Fixed deposit" can be categorized under which element of accounting?

Asset

Liability

Equity

Income

Expense

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Income tax" can be categorized under which element of accounting?

Asset

Liability

Equity

Income

Expense

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