Irene is reviewing the financial statements of her small business. Which of the following would NOT be a current asset? Accounts Receivable, Land, Prepaid Insurance, Supplies

Funding a Business Review 3 (45 questions)

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Business
•
9th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Land
2.
FLASHCARD QUESTION
Front
Jayden is learning about short-term IOUs by the U.S. federal government in his economics class. What is he studying?
Back
US Treasury Bills (T-Bills)
3.
FLASHCARD QUESTION
Front
Irene and Samara are looking to invest their savings in a mutual fund that pools funds from many investors and uses these funds to purchase very safe, highly liquid securities. What type of mutual fund should they consider?
Back
Money Market Mutual Funds
4.
FLASHCARD QUESTION
Front
Nicole is reviewing the financial statements of her company. She wants to identify which items are considered Current Assets. What should she look for?
Back
Cash and any other asset that a company plans to turn into cash or consume within one year or within the operating cycle.
5.
FLASHCARD QUESTION
Front
How should Emilio classify the items he has in stock for sale? Options: long term liabilities, current asset, Fixed asset, Capital
Back
current asset
6.
FLASHCARD QUESTION
Front
Angel is starting her own bakery and decides to take out loans to finance her business. This is called...
Back
debt financing
7.
FLASHCARD QUESTION
Front
Nicole is considering putting her money into a new tech startup, hoping to make a profit from its success. What role does Nicole play in this scenario?
Back
Investor
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