ACCTG101-ELEMENTS OF FS
Authored by Jaypee Bigno
Business
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5 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
All of the following are the components of financial statements EXCEPT:
Statement of Financial Position
Statement of Cash Flows
Statement of Annual Report
Notes to Financial Statements
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The financial statement that will provide suppliers with information about the company's ability to meet its current obligations is
Statement of Financial Position
Statement of Cash Flows
Statement of Financial Performance
Income Statement
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The financial statement that will provide creditors with information about the company's ability to meet its long-term obligations is
Statement of Changes in Equity
Statement of Cash Flows
Statement of Financial Performance
Balance Sheet
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The financial statement that will provide investors with information about the result of the company's operation is
Statement of Changes in Equity
Statement of Cash Flows
Income Statement
Balance Sheet
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Compete the Basic Accounting Equation
? = Liabilities + Equity
Capital
Net Assets
Accounts
Assets
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