
Symposium
Quiz
•
Financial Education
•
University
•
Hard
Saijith Nair
Used 1+ times
FREE Resource
Enhance your content in a minute
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The asset that can be easily converted into cash within a short period, ie.,1 year or less are known as
Current asset
Fixed assets
Intangible assets
Investments
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to which principle the same accounting methods should be used each year
Prudence
Full disclosure
Materiality
Consistency
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The elements of the accounting equation are
Assets, liabilities, capital
Liabilities, capital
Liabilities
capital
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Arun is a book -seller, which item will be goods for his business?
Purchase of computer
Purchase of fan
Purchase of furniture
Purchase of stationery
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The expenses due but not paid is known as-
Prepaid expenses
Debtors
Outstanding expenses
Bills receivable
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which accounting principle states that companies and their owners should be treated as separate legal entities?
Monetary Unit Assumption
Business Entity Concept
Periodicity Assumption
Going Concern Concept
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The concept that assumes a business will operate for a long period of time and will not be dissolved in the near future is:
Accrual Concept
Consistency Concept
Going Concern Concept
Materiality Concept
Create a free account and access millions of resources
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
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
30 questions
Custom Union Fundamentals
Quiz
•
University
20 questions
Macro Unit 3&4 recit
Quiz
•
University
20 questions
Accounting Equation
Quiz
•
University
20 questions
Bond Fundamentals
Quiz
•
University
20 questions
Basic of finance 2
Quiz
•
University
22 questions
Letter of Credit in International Trade
Quiz
•
10th Grade - University
30 questions
PFL & Econ Test #2
Quiz
•
12th Grade - University
30 questions
Credit and Loan Knowledge Review
Quiz
•
11th Grade - University
Popular Resources on Wayground
10 questions
Honoring the Significance of Veterans Day
Interactive video
•
6th - 10th Grade
10 questions
Exploring Veterans Day: Facts and Celebrations for Kids
Interactive video
•
6th - 10th Grade
19 questions
Veterans Day
Quiz
•
5th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
15 questions
Circuits, Light Energy, and Forces
Quiz
•
5th Grade
6 questions
FOREST Self-Discipline
Lesson
•
1st - 5th Grade
7 questions
Veteran's Day
Interactive video
•
3rd Grade
20 questions
Weekly Prefix check #2
Quiz
•
4th - 7th Grade
Discover more resources for Financial Education
7 questions
Different Types of Energy
Interactive video
•
4th Grade - University
20 questions
Definite and Indefinite Articles in Spanish (Avancemos)
Quiz
•
8th Grade - University
7 questions
Force and Motion
Interactive video
•
4th Grade - University
25 questions
Waves-8th Grade Physical Science
Quiz
•
KG - University
41 questions
Unit 8 Key Terms
Quiz
•
11th Grade - University
10 questions
Product & Quotient Derivative Rules
Quiz
•
University
5 questions
How to Calculate Force - Newton's 2nd Law of Motion
Interactive video
•
10th Grade - University
10 questions
Dichotomous Key
Quiz
•
KG - University
