Finance vs Accounting

Finance vs Accounting

12th Grade

20 Qs

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Finance vs Accounting

Finance vs Accounting

Assessment

Quiz

Business

12th Grade

Medium

Created by

Amy Hardin

Used 9+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A system of recording and reporting financial activity is called
Finance
Accounting
audit
Budger

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A formal examination of a company's financial records
Fiscal Period
budget
audit
revenue

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A plan that shows what you expect to earn and spend in a certain period of time
budget
financial statement
Income statement 
Fiscal period

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

a written report which describes the financial health of a company
income statement
financial statement
Owner's Equity
statement of change

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

cost of maintaining and operating a business
assets 
expense
loss
profit

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

The amount of money a company earns
revenue
assets 
audit
equity

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Results when a business income is greater that is expenses
asset
profit
loss
fiscal

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