
CHRO Finance
Authored by MUJIB MUNDEWADI
Business
Professional Development
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financial statements include all of the following except:
Financial statements include all of the following except:
Income statement
Balance Sheet
Inventory list
Cash flow statement
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which financial statement shows a company's financial position at a specific point in time?
Which financial statement shows a company's financial position at a specific point in time?
Income statement
Balance Sheet
Cash flow
Statement of changes in equity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The income statement is also known as
Statement of financial position
Statement of cash flows
Profit and loss statement
Statement of retained earnings
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT found on an income statement?
Revenue
Expenses
Assets
Net Income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The balance sheet equation is:
Assets = Revenue - Expenses
Assets = Liabilities + Equity
Assets = Revenue + Expenses
Assets = Liabilities - Equity
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The cash flow statement is divided into which three activities?
Operating, investing, and financing
Current, non-current, and long-term
Revenue, expenses, and profit
Assets, liabilities, and equity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Liquidity refers to:
The ability to convert assets into cash quickly
The profitability of a company
The amount of debt a company has
The total value of assets a company owns
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