Accounting-Term Quiz 1

The equipment purchased by project funds shall be managed as _____.

• fixed assets

• account payable

• cash flow

• capital

An external ______ will verify the accounts.

• dividends

• auditor

• accounting

• insolvency

The aid _____ for the disaster area was still under review.

• cash flow

• debit

• allocation

• capital

The marketing department and the _____ department don't like each other.

• auditor

• liabilities

• insolvency

• accounting

We could borrow money, and the best example that's _____ .

• account payable

• account receivable

• net income

• dividens

We don't have enough _____ to buy new land.

• net income

• capital

• cash flow

• debit

The builder is unable to pay due to _____ problems

• fixed assets

• account payable

• cash flow

• dividends

Please _____ my credit card

• invoice

• diversify

• audit

• debit

Mergers, acquisitions, and ______ are usual for this industry

• diversification

• dividend

• liabilities

• liquidity

How much _____ did you receive from the share?

• net income

• dividend

• liabilities

• liquidity