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WorksheetsThe Fabulous World of Financial Statements
Total questions: 10
Worksheet time: 5mins
All of the below are financial statements EXCEPT...
Tax Sheet
Balance Sheet
Income Statement
Cash Flow Statement
This financial statement shows the amount of money earned...
Balance Sheet
Income Statement
Cash Flow Statement
An asset can include cash, real estate, or inventory that a business has...
True
False
Which financial statement shows how money is being spent?
Income Statement
Balance Sheet
Cash Flow Statement
The balance sheet contains information found on the income statement and cash flow statement...
True
False
Financial statements are used to...
Help business leaders make decisions
Understand how much money a company is making
Review expenses
Wallpaper your living room
An income statement shows you how a business's money was spent...
True
False
Which financial statement would show you expenses?
Income statement
Cash flow statement
Balance sheet
All financial statements show financial information over a period of time...
True
False
This financial statement shows you where a business's money is (ex. is the money cash in a bank or stocks)
Balance sheet
Income statement
Cash flow statement
