Commerce Quiz No 01
Authored by Priyanka governa
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University
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5 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Patents ,Copyrights and Trademarks are
Current assets
Fixed assets
Intangible assets
Investments
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
GST
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What is the purpose of a balance sheet?
To record daily transactions
To show the financial position of a company at a specific point in time
To calculate taxes owed by a company
To track employee salaries
4.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is the significance of cash flow statements?
To show the company's cash balance at a specific point in time
To track the movement of cash in and out of a company
To calculate the total assets of a company
To record the company's investments
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Business means ?
Commerce
Trade and commerce
Industry and commerce
Selling and buying of goods
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