Finance Careers-Terms
Authored by Angela Richardson
Computers, Mathematics, Other
8th Grade
Used 252+ times
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A formal examination of a company's financial records for accuracy and compliance with regulations.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A plan that shows what you expect to earn and spend in a certain period of time.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A written report which describes the financial health of a company.
Examples include: balance sheet, income statement, statement of changes in owners equity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things owned by a company (items) _______.
Example: land, automobiles, furniture, paper, office machines, etc.
liabilities
assets
belongings
resources
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A report showing all assets, liabilities, and owners equity of a business as of a specific date is called _____.
income statement
accountant
balance sheet
revenue report
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money owed by a business (debts, accounts payable, taxes) is the businesses _________.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Net worth of the business is called _________.
Profit Goal
Owners Equity
Budget
Loss
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