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Fundamentals of ABM Long quiz

Authored by Ruth Relos

Specialty

12th Grade

Used 5+ times

Fundamentals of ABM Long quiz
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30 questions

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1.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

It is also known as the balance sheet.

(a)  

2.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Things owned by the Business.

(a)  

3.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Refers to the investment or equity of the owner

(a)  

4.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Debts owned by the Business

(a)  

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Equity is residual interests

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Paid/Earned

Settled

Realized

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Collected/used

Settled

Realized

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