Income Statement

Income Statement

11th Grade

15 Qs

quiz-placeholder

Similar activities

Ch. 5 What is the Economic Problem Quiz

Ch. 5 What is the Economic Problem Quiz

12th Grade

20 Qs

Unit 5 Study Help

Unit 5 Study Help

10th - 12th Grade

18 Qs

PENDAPATAN NASIONAL

PENDAPATAN NASIONAL

11th Grade

10 Qs

CHAPTER 2 MKT310

CHAPTER 2 MKT310

University

20 Qs

Market structures

Market structures

9th - 12th Grade

15 Qs

Income Statement

Income Statement

Assessment

Quiz

Social Studies

11th Grade

Practice Problem

Hard

Created by

John Robinson

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Net loss will result if:

Revenue exceeds expense

expense exceeds revenue

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The sections of the income statement are:

Heading , Revenue, expense and net income section

Revenue, expense and net income section

Revenue and expense only

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which one does "retained profit" belong to

Balance Sheet

Income statemet (Profit Lose)

Cash flow Statement

4.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Which one does "Salary" belong to

Balance Sheet

Income statemet (Profit Lose)

Cash flow Statement

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which one does "Sales Revenue" belong to

Balance Sheet

Income statemet (Profit Lose)

Cash flow Statement

6.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Which one does "Expense" belong to

Balance Sheet

Income statemet (Profit Lose)

Cash flow Statement

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary purpose of an income statement?

To show the financial position of a company

To display the cash flow activities

To summarize revenues and expenses

To list all assets and liabilities

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?