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WorksheetsUnderstanding SCI
Total questions: 10
Worksheet time: 8mins
Name
Class
Date
1.
What is the other term of SCI?
(a)
2.
SCI stands for?
(a)
3.
Which are not the composition of SCI?
a)
Asset
b)
Liability
c)
Income
d)
Expense
e)
Equity
4.
An income statement having a positive result is?
a)
Net Loss
b)
Net Income
c)
Neutral
5.
An income statement having a negative result is?
a)
Net Loss
b)
Net Income
c)
Neutral
6.
A kind of SCI that is commonly use in a service business?
(a)
7.
A kind of SCI that is commonly use it Merchandising Business?
(a)
8.
It is an account used to record transportation costs of merchandise purchased by the company.
(a)
9.
Which is "NOT" the example of Contra Revenue
a)
Sales Return
b)
Sales
c)
Sales Discount
10.
Based on what you have learned, what is the difference of SCI and SFP?
4 lines
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