Principles of Business: Finances
Authored by Mary Sullivan
Financial Education
11th Grade
Used 9+ times
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23 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A building, computers, and furniture are all examples of business _____.
Assets
Liabilities
Supplies
Inventory
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bills, wages, and loans are examples of business ________.
Assets
Liabilities
Supplies
Inventory
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Assets - Liabilities =
Profit
Equity
Taxes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All finished goods available for sale as well as the raw materials you have on hand used to produce those goods.
Supplies
Inventory
Assets
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In business, CAPITAL means...
money
supplies
profit
ownership
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In business, what is EQUITY?
debts (money you owe)
profit
ownership
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________ is the money earned from selling your goods (or services). It's the money coming in to your business.
Equity
Revenue
Profit
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