
Financial Statement
Quiz
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Medium
Carissa Hurst
Used 3+ times
FREE Resource
Enhance your content in a minute
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of this financial statement is to demonstrate a company's financial position and its solvency (ex. it's ability to meet long-term financial obligations)
Income Statement
Balance Sheet
Cash Flow Statement
Owner's Equity Statement
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of this financial statement is to show how profitable a company is.
Income Statement
Balance Sheet
Cash Flow Statement
Owner's Equity Statement
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of this financial statement is to display cash inflows and outflows from activities such as operating, investing and financing.
Income Statement
Balance Sheet
Cash Flow Statement
Owner's Equity Statement
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of this financial statement is to explain changes in capital and retained earnings.
Income Statement
Balance Sheet
Cash Flow Statement
Owner's Equity Statement
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash flows for the current and future development of the company such as purchasing equipment.
Financing Activities
Operating Activities
Investing Activities
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash flows from shareholders' contributions and distributions and bank loans.
Financing Activities
Operating Activities
Investing Activities
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash flows from day to day operations such as selling goods to customers and paying wages to employees.
Financing Activities
Operating Activities
Investing Activities
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
14 questions
S2 BDL - Financing a Business
Quiz
•
9th Grade
14 questions
Risk Management Quiz
Quiz
•
12th Grade - University
15 questions
Search Engine Optimization (SEO)
Quiz
•
12th Grade
10 questions
FIVE MAJOR TYPES OF ACCOUNTS
Quiz
•
11th - 12th Grade
12 questions
Economics recap
Quiz
•
10th Grade
10 questions
Financial landscape
Quiz
•
9th Grade
13 questions
SOCIAL RESPONSIBILITY
Quiz
•
11th Grade
14 questions
BMT- Personal Budget
Quiz
•
10th Grade
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
54 questions
Analyzing Line Graphs & Tables
Quiz
•
4th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
