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Quiz Finance Basic Questions

Vin123321niv
Vin123321niv
2 885 played - 11 yrs ago

Accounting

 

Hard QUIZ 10 QUESTIONS
hard
medium
 
Question 1 / 10

The financial statement that reports the revenue and expense for a period of time such as year or month :

medium
 
Question 2 / 10

The financial statement that reports asset liability and equity at a specific date :

hard
 
Question 3 / 10

Assets are usually reported on the balance sheet at which amount?

medium
 
Question 4 / 10

Obligation are reported on the balance sheet are referred as

expert
 
Question 5 / 10

Unearned Revenue is what type of account?

medium
 
Question 6 / 10

Resources owned by a company within in one year are reported on the balance sheet as :

medium
 
Question 7 / 10

The accounting equation referred as

hard
 
Question 8 / 10

Under the accrual basis of accounting, revenue is reported in the accounting period when the

hard
 
Question 9 / 10

Leverage company refers to

expert
 
Question 10 / 10

Dividend is payed on

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