Business
Quiz
•
Business
•
6th - 8th Grade
•
Practice Problem
•
Medium
Dontrel Hall
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Amounts of money owed by your company to external suppliers is called:
Accounts Payable
Accounts
Accounts Receivable,
Accounting Period
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money owed to your company by customers is called:
Accounting Period
Accounts Payable
Accounts
Accounts Receivable
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Businesses are obligated to produce an annual set of accounts, and they are listed on the stock exchange. This is known as:
Accounts Receivable
Accounts
Accounts Payable
Accounting Period
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The time for which profits are being calculated, normally months, quarters or years are called:
Accounting Period
Accounts Payable
Accounts Receivable
Accounts
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Property has value owned by a company is called:
Cash Flow
Collateral
Assets
Capital
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The movement of cash into and out of a business is called
Capital
Collateral
Cash flow
Assets
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mony invested into a company or project by its owners is called:
Collateral
Capital
Cash Flow
Assets
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