Finance and Accounting

Finance and Accounting

Assessment

Flashcard

Other

6th - 8th Grade

Hard

Created by

Wayground Content

FREE Resource

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20 questions

Show all answers

1.

FLASHCARD QUESTION

Front

A system of recording and reporting financial activity is called

Back

Accounting

2.

FLASHCARD QUESTION

Front

Things owned by a company

Back

assets

3.

FLASHCARD QUESTION

Front

Net worth of a business

Back

Owners Equity

4.

FLASHCARD QUESTION

Front

A formal examination of a company's financial records

Back

audit

5.

FLASHCARD QUESTION

Front

Money owed by a business

Back

liabilities

6.

FLASHCARD QUESTION

Front

A plan that shows what you expect to earn and spend in a certain period of time

Back

budget

7.

FLASHCARD QUESTION

Front

a written report which describes the financial health of a company

Back

financial statement

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