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Financial Statements Obj. 2.01

Authored by Haylee Bare

Specialty

9th - 12th Grade

Used 2+ times

Financial Statements Obj. 2.01
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10 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A financial ___________ details the financial activities of a person or company.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does NOT belong on a financial statement?

Assets

Liabilities

Net Worth

Credit Card Numbers

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

An asset is an item that you own that has _____.

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the difference between current and noncurrent assets?

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5.

DRAW QUESTION

3 mins • 1 pt

Draw an image of an asset that will depreciate in value over time. What does this mean?

Media Image

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Liabilities are _____ that a person/company owes.

7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the difference between a current and noncurrent liability?

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