
FABM 2 Preliminary Exam
Authored by rina belauro
Fun, Business, Mathematics, Architecture
12th Grade - University
Used 3+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
50 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
planning, recording, analyzing, and interpreting financial information
accounting equation
asset
accounting
balance sheet
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an equation showing the relationship among assets, liabilities, and owner's equity.
accounting
asset
accounting equation
balance sheet
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
anything of value that is owned
asset
capital
expense
liability
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a business that performs an activity for a fee
source document
service business
t account
income statment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Accounting Equation
Liabilities - Equity = Assets
Assets + Equity = Liabilities
Liabilities + Equity = Assets
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a current asset?
Land
Equipment
Accounts receivable
Accounts payable
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for Costs of Good Sold?
Beginning Inventory + Purchases in Current Period - Ending Inventory
Direct Labor+ Direct Costs + Manufacturing Overhead
Predetermined
overhead rate x Amount of the allocation base incurred on the job
Total Cost of Production - Variable Cost per Unit No x No of Units Produced
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?
Similar Resources on Wayground
55 questions
MIS Part 2
Quiz
•
University
50 questions
cartoon quiz!!!
Quiz
•
KG - Professional Dev...
50 questions
THC3-QUALITY SERVICE MANAGEMENT IN TOURISM AND HOSPITALITY I
Quiz
•
University
50 questions
PRE TEST WMK 2023 @Asti
Quiz
•
University
50 questions
TOA M-03 01
Quiz
•
University - Professi...
50 questions
Overview of IB and its components
Quiz
•
University
55 questions
General Knowledge Quiz
Quiz
•
5th Grade - University
50 questions
STA108: Tutorial 1
Quiz
•
University
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
29 questions
Alg. 1 Section 5.1 Coordinate Plane
Quiz
•
9th Grade
22 questions
fractions
Quiz
•
3rd Grade
11 questions
FOREST Effective communication
Lesson
•
KG
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade