YEAR 3 REVIISON

Quiz
•
Financial Education
•
University
•
Hard
Tatiana Bolshakova
Used 1+ times
FREE Resource
35 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A record of a business's financial transactions is ...
petty cash
a fund ledger
a line graph
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
_____ ____ is reserved for small, office-related expenditures.
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A __________ loan — also called a secured loan — is backed by something you own.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Short- and long-term debt, acconuts payable and salaries are...
assets
liabilities
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things of value not easily converted to cash are...
fixed assets
intangibles
liabilities
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
A document showing a company's finances (assets and liabilities) is called...
Statement of Financial Position
Balance Sheet
Cashflow Statement
Income Statement
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum) is called ...
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