Soal Pilihan Ganda Akuntansi

What is the meaning of the term 'Assets'?

• Debt

• Capital

• Assets / Wealth

• Profit

The term 'Liabilities' refers to:

• Revenue

• Debt / Obligations

• Inventory

• Investment

What does 'Equity' mean in financial statements?

• Net income

• Owner's equity

• Fixed assets

• Current liabilities

'Revenue' can be defined as:

• Cost

• Gross profit

• Income

• Assets

'Expense' means:

• Profit

• Income

• Cost / Expense

• Capital

The term 'Net Income' means:

• Total revenue

• Net profit

• Gross revenue

• Working capital

'Balance Sheet' is also known as:

• Cash flow statement

• Statement of changes in equity

• Balance

• Ledger

'Cash Flow Statement' is a report about:

• Company's debt

• Profit and loss

• Cash flow

• Equity

'Accounts Receivable' is:

• Receivables

• Debt

• Capital

• Inventory

'Accounts Payable' means:

• Incoming cash

• Additional capital

• Trade payables

• Long-term investment