EMS 4

EMS 4

8th Grade

•

35 Qs

quiz-placeholder

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EMS 4

EMS 4

Assessment

Quiz

•

Social Studies

•

8th Grade

•

Practice Problem

•

Medium

Created by

chelsea ropa

Used 9+ times

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35 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Assets

Income

Fixed Asset

Current assets

Expenses

capital & drawings

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

owner's equity

Income

Fixed Asset

Current assets

Expenses

capital & drawings

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

liabilities

loans

bank overdraft

creditors control

mortgage loans

debtors control

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

assets definition

A resource controlled by entity, as a result of past events, the future benefits are expected to flow to entity

A resource controlled by entity, as a result of news events, the future benefits are expected to flow to entity

A resource controlled by entity, as a result of past events, the future devaluates are expected to flow to entity

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Fixed assets

Land and building

Bank, Trading stock, Debtores control

Motor vehicles, Equipment

Petty cash

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Current assets

Land and building

Bank, Trading stock, Debtores control

Motor vehicles, Equipment

Petty cash

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Income

Current and Rent income

Interest on CA, interest on fixed deposit

Sales

commissions

Rent and motor expense

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