Basics of FSA Quiz  2023

Basics of FSA Quiz 2023

Professional Development

15 Qs

quiz-placeholder

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Basics of FSA Quiz  2023

Basics of FSA Quiz 2023

Assessment

Quiz

Business

Professional Development

Practice Problem

Easy

Created by

Dipali Krishnakumar

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much Sales/Revenue a business generated during the year.

Balance Sheet
Profit & Loss
Cash Flow

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much the business owes to external parties

Balance Sheet
Profit & Loss
Cash Flow

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What were the expenses for the business during the year

Balance Sheet
Profit & Loss
Cash Flow

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much cash the business generated from operating activities during the year

Balance Sheet
Profit & Loss
Cash Flow

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the value of assets owned by the business (as per books)

Balance Sheet
Profit & Loss
Cash Flow

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Classify the Item -Bank Balance

Asset
Liability
Income
Expense
Owners Equity/Net Worth

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Classify the Item -Land And Building

Asset
Liability
Income
Expense
Owners Equity/Net Worth

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