Business

Business

6th - 8th Grade

12 Qs

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Business

Business

Assessment

Quiz

Business

6th - 8th Grade

Practice Problem

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Created by

Dontrel Hall

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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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

Media Image

Money owed to your company by customers is called:

Accounting Period

Accounts Payable

Accounts

Accounts Receivable

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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

Media Image

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

Media Image

Property has value owned by a company is called:

Cash Flow

Collateral

Assets

Capital

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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

Media Image

Mony invested into a company or project by its owners is called:

Collateral

Capital

Cash Flow

Assets

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