Acct 1101 Ch 1 In-Class Quizizz
Authored by Sarah Bailey
Mathematics
University
Used 20+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Amounts earned when the company sells goods or provides a service, when the company "makes money"
Revenue
Expense
Dividends
Stockholders' Equity
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Represents amounts contributed to the business by the owners.
Asset
Liability
Common Stock
Retained Earnings
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Owners' total claims on the company's assets
Revenue
Expense
Dividends
Stockholders' Equity
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Future economic sacrifice, something you owe
Asset
Liability
Common Stock
Retained Earnings
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The buildup of profits in the company that have not yet been returned to the owners.
Asset
Liability
Common Stock
Retained Earnings
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A future economic benefit, something you own or are owed
Asset
Liability
Common Stock
Retained Earnings
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Costs incurred to generate revenue, when the company "spends money"
Revenue
Expense
Dividends
Stockholders' Equity
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
