Financial Accounting Week 2

Financial Accounting Week 2

Professional Development

9 Qs

quiz-placeholder

Similar activities

OPERACION CON DECIMALES 01

OPERACION CON DECIMALES 01

Professional Development

10 Qs

Aptitude Skills Assessment

Aptitude Skills Assessment

Professional Development

10 Qs

Proporcionalidade Direta

Proporcionalidade Direta

1st Grade - Professional Development

10 Qs

DISCRETE MATHEMATICS

DISCRETE MATHEMATICS

1st Grade - Professional Development

10 Qs

MEDIDAS DE DISPERSIÓN

MEDIDAS DE DISPERSIÓN

1st Grade - Professional Development

11 Qs

Bilangan Berpangkat

Bilangan Berpangkat

9th Grade - Professional Development

10 Qs

Soal Pretes Matematika Bangun Ruang Bulok

Soal Pretes Matematika Bangun Ruang Bulok

Professional Development

10 Qs

¿QUIEN QUIERE SER MILLONARIO?

¿QUIEN QUIERE SER MILLONARIO?

Professional Development

10 Qs

Financial Accounting Week 2

Financial Accounting Week 2

Assessment

Quiz

Mathematics

Professional Development

Practice Problem

Hard

Created by

Nicole Chuchmach

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Receipts or increases in cash

Source

Use

WT$

Liability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Spending or a decrease in cash

Asset

WT$

Use

Source

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tells you how well you are operating your event business on a day-to-day basis

Income Statement

Balance Sheet

Statement of Retained Earnings

Expenses

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets = Liabilities + Owner's Equity

Income Statement

Statement of Retained Earnings

Statement of Cash Flows

Balance Sheet

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An owner's personal expenses should be kept separate from the business

Full Disclosure Principle

Business Entity Principle

Going Concern Principle

Accrual Accounting

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business is a going concern if it does not plan to go bankrupt and liquidate its assets

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Records revenue before payment is received

Accrual Accounting

Cash Accounting

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?