NEW
Font size
S
M
L
XL
WorksheetsFABM 1 WEEK 5
Total questions: 5
Worksheet time: 3mins
Name
Class
Date
1.
1. It is the obligations of the company payable in money, goods, or services.
a)
Assets
b)
Accounts Receivable
c)
Liabilities
d)
Rent Expense
2.
2. These are non-current tangible assets.
a)
Intangible Assets
b)
Liabilities
c)
Notes Receivable
d)
Property, Plant and Equipment
3.
3. These assets are identifiable, non-monetary assets without physical substance.
a)
Accounts Receivable
b)
Intangible Assets
c)
Liabilities
d)
Notes Receivable
4.
4. It is the claim of the owner also known as the capital.
a)
Owner’s Equity
b)
Rent Expense
c)
Cash
d)
Prepaid Expense
5.
5. It is the most liquid asset and is the medium of exchange for business transactions.
a)
Assets
b)
Cash
c)
Accounts Receivable
d)
Intangible Assets
Reset
