Acct 2 - Chapter 9 review
Authored by TIFFANY OTT
Business
11th Grade
Used 10+ times
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38 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A merchandising business that sells to those who use or consume the goods
retail merchandising business
general business
wholesale merchandising business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business that buys a sells merchandise primarily to other merchandising businesses
retail merchandising business
general business
wholesale merchandising business
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Each unit of ownership in a corporation is a(n)
Capital
Share of Stock
Stockholder
Articles of Incorporation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An organization with the legal rights of a person which many persons or other corporations may own
Stockholder
Retail merchandising business
Wholesale merchandising business
Corporation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The owner of one or more shares of stock
Articles of Incorporation
Stockholder
Share of Stock
Corporation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A legal document that identifies basic characteristics of a corporation
Charter
Business Plan
Stock
Articles of Incorporation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An account in a general ledger that summarizes all accounts in a subsidiary ledger
Subledger
General Journal
Controlling Account
Contra Account
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