Why are spreadsheets compared to vegetables in the business world?
Understanding Financial Statements and Accounting: Crash Course Entrepreneurship

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Business, Life Skills
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11th Grade - University
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Easy
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They are sweet and easy to digest.
They are only for special occasions.
They are essential but not always appealing.
They are colorful and diverse.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a point of sale in a business context?
A place where products are manufactured.
A location where customers receive customer service.
A point where customers exchange money for products or services.
A place where business meetings are held.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a popular electronic point of sale system?
Microsoft Excel
Square
PayPal
Shopify
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of a business bank account?
To invest in the stock market.
To store personal savings.
To separate business and personal finances.
To avoid paying taxes.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does an income statement show?
The cash flow from investments.
The liabilities of a business.
The net income over a period of time.
The total assets of a business.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a section of a balance sheet?
Revenue
Liabilities
Assets
Equity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In Ronnie's example, what was considered a current liability?
His bank loan
His net income
His tech setup
His event decor
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