Financial Statement Quiz

Reports that summarize the activities & financial performance of a business are the definition of...

• Marketing Strategy
• Business Analytics
• Financial Statements
• Operational Efficiency

Equity is included in what financial statements?

• Income Statement
• Cash Flow Statement
• Balance Sheet
• Statement of Changes in Equity

The following are the example of assets ...

• Cash
• Liabilities
• Expenses
• Revenue

Accounts payable included in ....

• Assests

• Balance Sheet
• Equity

• Liabilities

The statement of profit and loss is another term for ...

• Balance Sheet
• Cash Flow Statement
• Income Statement
• Statement of Changes in Equity

Expenses are included in ...

• Income Statement
• Balance Sheet
• Cash Flow Statement
• Statement of Changes in Equity

What is the definition of cash flow statements?

• A report that details the total expenses of a company

• A document that records the amount of cash a company has on hand
• A statement that shows the total amount of money a company has made
• The statement that show a business's cash inflows and outflows over a period of time

What is the two method in cash flow statement?

• Operating and Financing
• Investing and Financing
• Cash and Accural

• Operating, Investing and Financing

Dividend paid are included in ...

• Balance Sheet

• Income Statement

• Cash Flow Statement

• None of the above

Cash flow statement method that using by smaller business are...

• Accrual Method

• Employing Method

• Marketing Method

• Cash Method