Ag Science Quiz #1
Quiz
•
Science
•
9th Grade
•
Practice Problem
•
Easy
Chesney B
Used 7+ times
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9 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
What is a current asset?
Typically large items used in business which have usable life over one year and go down and value over time
items of value which take time to turn into cash
items which can quickly be turned into cash
the amount of money and item goes down in value according to the IRS
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What is a non current asset?
Typically large items used in the business which have a usable life over one year and go down and value over time
items of value which take time to turn into cash
items which can be quickly turned into cash
the amount of money and item goes down in value according to the IRS
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What is depreciation?
typically large items in the business which have a usable life over one year and go down and value over time
items of value which take time to turn into cash
items which can quickly be turned into cash
amount of money and item goes down in value according to the IRS
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What are liabilities?
typically large items used in the business which have a usable life of over one year and go down and value over time
money that is owed back after this calendar year
money that is owed back this calendar year
money you owe divided into personal and business debts
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What are current liabilities?
typically large items used in business which have a usable life of over one year and go down and value over time
money that is owed back after this calendar year
money that is owed back this calendar year
money you owe divided into personal in business stats
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What are non-current liabilities?
typically large items used in the business which have a usable life of over one year and go down and value over time
money that is owed back after this calendar year
money that is owed back in this calendar year
money you owe divided into personal and business debts
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is inventory?
items you use in your business that have value
money those owed back after this calendar year
money that is owed back this year
money you owe divided into personal and business debts
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