Zoe, Grace, and Kai are learning about finance. Can you help them identify the three main types of financial statements?
Financial Statements & Closing Entries Review

Flashcard
•
Business
•
11th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

28 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
income statement, balance sheet, and cash flow statement
2.
FLASHCARD QUESTION
Front
Which financial statement shows a company's revenues and expenses over a period of time? Options: income statement, cash flow statement, statement of retained earnings, balance sheet
Back
income statement
3.
FLASHCARD QUESTION
Front
What is the purpose of the income statement?
Back
To provide a summary of a company's financial performance over a specific period of time.
4.
FLASHCARD QUESTION
Front
Which financial statement shows a company's assets, liabilities, and shareholders' equity at a specific point in time?
Back
balance sheet
5.
FLASHCARD QUESTION
Front
What is the primary purpose of a balance sheet?
Back
To provide a snapshot of a company's financial position
6.
FLASHCARD QUESTION
Front
Which financial statement shows the changes in a company's cash and cash equivalents over a period of time? Options: Statement of Retained Earnings, Balance Sheet, Income Statement, Statement of Cash Flows
Back
Statement of Cash Flows
7.
FLASHCARD QUESTION
Front
What is the purpose of the statement of cash flows in the game 'Business Tycoon'?
Back
To provide information about cash inflows and outflows
Create a free account and access millions of resources
Similar Resources on Quizizz
20 questions
ACCOUNTING FOUNDATIONS CERTIFICAITON

Flashcard
•
11th Grade
20 questions
Payroll v4 FA24

Flashcard
•
12th Grade
25 questions
Accounting Final Exam

Flashcard
•
11th - 12th Grade
16 questions
Economics and Finance Entrepreneurship Flashcard

Flashcard
•
11th Grade
25 questions
Accounting: Chapter 7 Review (#2)

Flashcard
•
12th Grade
25 questions
Financial Management Flashcard

Flashcard
•
11th Grade
19 questions
Accounting Review Part 5*

Flashcard
•
11th Grade
20 questions
ACCOUNTING FOUNDATIONS CERTIFICAITON

Flashcard
•
11th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
Discover more resources for Business
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
10 questions
Right Triangles: Pythagorean Theorem and Trig

Quiz
•
11th Grade
65 questions
MegaQuiz v2 2025

Quiz
•
9th - 12th Grade
10 questions
GPA Lesson

Lesson
•
9th - 12th Grade
15 questions
SMART Goals

Quiz
•
8th - 12th Grade