Finance

Finance

Professional Development

5 Qs

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Assessment

Quiz

Business

Professional Development

Practice Problem

Easy

Created by

Emma Rayne

Used 3+ times

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The movement of money in and out of a business refers to what?

Balance Sheet

Cash Flow

Budgets

Break even analysis

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A financial statement that shows a company’s assets, liabilities and equity at a specific point in time. refers to what?

Budget

Cash Flow

Balance Sheet

Payroll

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a breakeven analysis?

The point at which total revenue equals the total cost.

A financial plan that outlines expected revenues and expenses over a specific period.

 The movement of money in and out of a business

The money a company spends on goods, services or operating costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Payroll?

The income generated from sales of goods or services

Entities that a company owes money to

The total amount of money a company pays its employees

Entities that owe money to a company.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of creditor?

Person who tops up a phone

Entities that a company owes money to

Entities that owe money to a company

A refund processed as a credit note

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