ACCTG101-ELEMENTS OF FS

ACCTG101-ELEMENTS OF FS

University

5 Qs

quiz-placeholder

Similar activities

MANAGING FINANCIAL HEALTH

MANAGING FINANCIAL HEALTH

University

7 Qs

Module 4

Module 4

University

6 Qs

Finance Session (IBE)

Finance Session (IBE)

University

10 Qs

Basic Accounting

Basic Accounting

University

8 Qs

Financial Management

Financial Management

University

10 Qs

Chapter 1 Accounting in Business

Chapter 1 Accounting in Business

University

8 Qs

Quiz  Topic 1 Introduction To Accounting

Quiz Topic 1 Introduction To Accounting

University

10 Qs

Intro to financial accounting

Intro to financial accounting

University

8 Qs

ACCTG101-ELEMENTS OF FS

ACCTG101-ELEMENTS OF FS

Assessment

Quiz

Business

University

Medium

Created by

Jaypee Bigno

Used 1+ times

FREE Resource

5 questions

Show all answers

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