ANONG TITULO KO SA BUHAY MO?
Quiz
•
Business
•
1st Grade - University
•
Hard
Rosalia Flores
Used 13+ times
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
REVENUE
CASH
INVENTORIES
RAW MATERIALS
Answer explanation
INVENTORIES-Includes raw materials,work in process items and supplies.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
ACCOUNTS RECEIVABLE
ACCOUNTS PAYABLE
CREDIT CARD
DEBT
Answer explanation
•Current Liabilities
•Opposition of A/R
•Contemplate only about borrowings involved in company’s production process.
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Answer explanation
Classified as current asset.Not only include cash but also in the form of bank deposits, savings account, and checks.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
VEHICLE
EQUIPMENT
CHAIRS
FURNITURES AND FIXTURES
Answer explanation
Belong to fixed assets that are classified to non-current assets meaning not convertible directly into cash in short period of time.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
LICENSE AND PERMIT EXPENSES
NOTES PAYABLE
INTEREST NOTES
RECEIVABLE NOTES
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
RENT EXPENSES
UTILITIES EXPENSE
ELECTRIC CHARGES
EXPENSES
7.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Answer explanation
Is the money generated from normal business operatioIs the money generated from normal business operations, calculated as the average sales price times the number of units sold.ns, calculated as the average sales price times the number of units sold.
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