
Adv Acct Ch 18
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Medium
Trent Goldsmith
Used 2+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A bank loan agreement that provides immediate short-term access to cash.
Line of Credit
Bond
Notes Payable
Common Stock
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The payment of an operating expense necessary to earn revenue.
Operating Expense
non-operating expense
Revenue Expenditure
Capital Expenditure
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A value assigned to a share of stock.
Paid-in Excess of Par Value
Par Value
Face Value
Market Value
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A class of stock that gives preferred shareholders preference over common shareholders in dividends along with other rights.
Common Stock
Market Stock
Preferred Stock
Preference Stock
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
All bonds representing the total amount of a loan.
Bond Issue
Paid-in Excess of Bond
Coupon Issue
Collateral
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Obtaining capital by borrowing money for a period of time.
Equity Financing
Debt Financing
Leverage Financing
Capital Financing
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A long-term promise to pay a specified amount on a specified date and to pay interest at stated intervals.
Common Stock
Preferred Stock
Line of Credit
Bond
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