Understanding Types of Income

Understanding Types of Income

11th Grade

15 Qs

quiz-placeholder

Similar activities

Income Statement

Income Statement

10th - 12th Grade

16 Qs

Accounting Transaction

Accounting Transaction

11th Grade

10 Qs

Formation of a company

Formation of a company

11th Grade

15 Qs

WorkKeys - Workplace Documents

WorkKeys - Workplace Documents

9th - 12th Grade

15 Qs

Depreciation, Provisions, and, Reserves

Depreciation, Provisions, and, Reserves

11th - 12th Grade

20 Qs

T-account knowledge check

T-account knowledge check

10th - 12th Grade

15 Qs

Final Accounts/Financial Statements

Final Accounts/Financial Statements

11th Grade - University

14 Qs

Basic Accounting

Basic Accounting

11th - 12th Grade

15 Qs

Understanding Types of Income

Understanding Types of Income

Assessment

Quiz

Business

11th Grade

Hard

Created by

Christian Obe

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a type of capital income?

Cash sales

Loan

Rent received

Commission received

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of income is generated from credit sales?

Capital income

Revenue income

Owner’s capital

Debentures

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of capital income?

Mortgages

Shares

Interest received

Owner’s capital

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of income includes rent received?

Capital income

Revenue income

Loan

Debentures

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a type of capital income?

Discount received

Commission received

Debentures

Cash sales

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of income is generated from cash sales?

Capital income

Revenue income

Mortgages

Shares

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a type of revenue income?

Loan

Mortgages

Discount received

Owner’s capital

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?