Accounting Finance  Week 2

Accounting Finance Week 2

8th - 12th Grade

6 Qs

quiz-placeholder

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Accounting Finance  Week 2

Accounting Finance Week 2

Assessment

Quiz

Business

8th - 12th Grade

Medium

Created by

Michelle R

Used 5+ times

FREE Resource

6 questions

Show all answers

1.

OPEN ENDED QUESTION

1 min • 1 pt

ASSETS =

Evaluate responses using AI:

OFF

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The right side of the Balance Sheet is called?

Owners Equity

Liabilities

Assets

Stakeholders

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The left side of the Balance Sheet is called?

Assets

Original Investment

Stakeholder Equity

Liabilities

4.

OPEN ENDED QUESTION

1 min • 1 pt

What is the formula for the profit

Evaluate responses using AI:

OFF

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inventory is not an asset

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do you find the unit cost?

Cost of production/No. of products

Selling price minus Cost price