financial statement

financial statement

University

10 Qs

quiz-placeholder

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financial statement

financial statement

Assessment

Quiz

Professional Development

University

Hard

Created by

Đỗ Quyên

Used 5+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

___ is the total gains before taking out taxes and finance costs.

Gross profit

Margin

Overhead

Net income

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The company will not profit until ____is greater than expenses.

profit

revenue

expenditure

receivable

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ is the process of money moving into and out of a company

Withdrawal account

Sales revenue

Cash flow

Owner's equity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ is known as a record of money that is owed to a company for past sales

Cash equivalent

Prepaid expense

Account payable

Account receivable

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Companies with too much ______can't get loans.

debt

inventory

stock

assets

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The sales this year has been ________

falling

rising

fluctuating

peaking

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sales revenue minus variable expenses comes to ____

operating cost

overhead

fixed expenses

total margin

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