Final accounts are financial statements complied by a business at the beginning of accounting period time.
Final accounts

Quiz
•
English
•
Professional Development
•
Medium
HUGO GALORA
Used 5+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Final accounts inform about the internal and external financial position and performance of an organization.
TRUE
FALSE
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It is shown as the top part of the income
statement that establishes the gross profit of the business.
Trading account
Profit or loss account
Appropriation account
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It shows how the company's net profit after interest and tax is distributed
Trading account
Profit or loss account
Appropriation account
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
NPBIT - NPBT - NPAIT
Trading account
Profit or loss account
Appropriation account
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
A sum of money paid to shareholders.
Sales revenue
Retained profit
Dividends
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The amount of earnings left after dividends and other deductions have been made.
Sales revenue
Retained profit
Dividends
Create a free account and access millions of resources
Similar Resources on Quizizz
15 questions
Ajax finance vocab quiz for 15.05

Quiz
•
Professional Development
20 questions
financial statements and ratios

Quiz
•
Professional Development
10 questions
MNL- BE- Vocabulary test

Quiz
•
Professional Development
10 questions
Financial Literacy: Terms and Definitions

Quiz
•
5th Grade - Professio...
10 questions
Financial Statement _ English for Accounting

Quiz
•
University - Professi...
12 questions
Business vocabulary - Money

Quiz
•
Professional Development
20 questions
Quiz Ke Toan 25/4/2024

Quiz
•
Professional Development
16 questions
Career Paths Accounting 1 Unit 7

Quiz
•
Professional Development
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
20 questions
Math Review - Grade 6

Quiz
•
6th Grade
20 questions
math review

Quiz
•
4th Grade
5 questions
capitalization in sentences

Quiz
•
5th - 8th Grade
10 questions
Juneteenth History and Significance

Interactive video
•
5th - 8th Grade
15 questions
Adding and Subtracting Fractions

Quiz
•
5th Grade
10 questions
R2H Day One Internship Expectation Review Guidelines

Quiz
•
Professional Development
12 questions
Dividing Fractions

Quiz
•
6th Grade