
Accountancy Vocabulary
Authored by Monica Restrepo
Professional Development, Business
10th Grade
Used 36+ times

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23 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person whose job is to keep, inspect, and analyze financial accounts is an:
Artis
Accountant
Manager
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A commercial business is also a:
Home
Company
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Assets are the items your company owns and Liabilities are what you owe other companies.
True
False
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
The ______________ provides a static picture of
the financial position at a point in time.
Company
Balance Sheet
Accountant Sheet
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a person or company to whom money is owing or payable is known as:
Loaner
Creditor
Owner
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
If you owe money to a bank or company you are a:
Debtor
Creditor
Loaner
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
_______ is the money that comes in, ___________ the money that goes out.
Income - Expenses
Spense - Encome
Dolar - Peso
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