
Understanding Assets

Quiz
•
English
•
6th Grade
•
Hard
avinshawn rodrigues
Used 1+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an asset?
An asset is a temporary resource that has no economic value.
An asset is a type of debt owed by an individual or entity.
An asset is a resource with economic value owned by an individual or entity.
An asset is a liability that decreases in value over time.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can you name three types of assets?
Real Estate, Stocks, Bonds
Cash, Commodities, Art
Mutual Funds, Derivatives, Currency
Insurance, Gold, Collectibles
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are assets important for individuals?
Assets are only important for businesses.
Assets provide financial security and enable wealth accumulation.
Assets are primarily for tax evasion purposes.
Assets do not affect an individual's financial situation.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do assets differ from liabilities?
Assets are always more valuable than liabilities.
Assets are what a company owns; liabilities are what a company owes.
Liabilities are what a company invests in; assets are what a company spends.
Assets are what a company owes; liabilities are what a company owns.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a fixed asset?
A fixed asset is an intangible resource used for marketing.
A fixed asset is a short-term investment.
A fixed asset is a long-term tangible asset used in business operations.
A fixed asset is a type of liability.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a current asset?
An asset that cannot be converted into cash within a year.
A current asset is an asset expected to be converted into cash or used up within one year.
An asset that is expected to last more than five years.
An asset that is only used for long-term investments.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Give an example of a tangible asset.
Bonds
Stocks
Real estate
Machinery
Create a free account and access millions of resources
Similar Resources on Wayground
12 questions
Hatchet - Ch. 4-5

Quiz
•
5th - 7th Grade
15 questions
Jewels from the Sea

Quiz
•
6th Grade
10 questions
Bold Print, Italics, and Underlining

Quiz
•
6th Grade
17 questions
Springboard Unit 3 Vocabulary Quiz

Quiz
•
6th Grade
18 questions
Testing Words ELA

Quiz
•
6th Grade
18 questions
Testing Words

Quiz
•
6th Grade
20 questions
The Young Landlords- Vocabulary

Quiz
•
6th Grade
10 questions
Two Roads Domain #2

Quiz
•
6th Grade
Popular Resources on Wayground
10 questions
Video Games

Quiz
•
6th - 12th Grade
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
10 questions
UPDATED FOREST Kindness 9-22

Lesson
•
9th - 12th Grade
22 questions
Adding Integers

Quiz
•
6th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
20 questions
US Constitution Quiz

Quiz
•
11th Grade
10 questions
Exploring Digital Citizenship Essentials

Interactive video
•
6th - 10th Grade
Discover more resources for English
20 questions
Figurative Language Review

Quiz
•
6th Grade
20 questions
Run-On Sentences and Sentence Fragments

Quiz
•
3rd - 6th Grade
20 questions
Theme

Quiz
•
6th Grade
20 questions
Context Clues

Quiz
•
6th Grade
20 questions
Pronouns

Quiz
•
6th Grade
10 questions
Making Inferences Practice

Quiz
•
5th - 6th Grade
20 questions
Independent and Dependent Clauses

Quiz
•
6th Grade
9 questions
Understanding Theme

Interactive video
•
6th Grade