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Worksheets

Business

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

Amounts of money owed by your company to external suppliers is called:

a)

Accounts Payable

b)

Accounts

c)

Accounts Receivable,

d)

Accounting Period

2.

Money owed to your company by customers is called:

a)

Accounting Period

b)

Accounts Payable

c)

Accounts

d)

Accounts Receivable

3.

Businesses are obligated to produce an annual set of accounts, and they are listed on the stock exchange. This is known as:

a)

Accounts Receivable

b)

Accounts

c)

Accounts Payable

d)

Accounting Period

4.

The time for which profits are being calculated, normally months, quarters or years are called:

a)

Accounting Period

b)

Accounts Payable

c)

Accounts Receivable

d)

Accounts

5.

Property has value owned by a company is called:

a)

Cash Flow

b)

Collateral

c)

Assets

d)

Capital

6.

The movement of cash into and out of a business is called

a)

Capital

b)

Collateral

c)

Cash flow

d)

Assets

7.

Mony invested into a company or project by its owners is called:

a)

Collateral

b)

Capital

c)

Cash Flow

d)

Assets

8.

Something lenders can use to give security against a loan is called:

a)

Collateral

b)

Cash Flow

c)

Capital

d)

Assets

9.

The total amount of money you have earned in a period of time before tax deductions:

a)

Revenue

b)

Net

c)

Gross

d)

Shareholder

10.

The amount of profit remaining after deductions such as tax:

a)

Gross

b)

Net

c)

Revenue

d)

Sharebolder

11.

Amounts of money received by (or owed to) a company for goods and services provided:

a)

Revenue

b)

Shareholder

c)

Net

d)

Gross

12.

An owner of shares in a company is called:

a)

Net

b)

Revenue

c)

Gross

d)

Shareholder