BML Final Set 12: Question Preview (ID: 9551)


Below is a preview of the questions contained within the game titled BML FINAL SET 12: BML Final Set 12 .To play games using this data set, follow the directions below. Good luck and have fun. Enjoy! [print these questions]


Play games to reveal the correct answers. Click here to play a game and get the answers.

___ refers to the use of automated machinery, electronic equipment and integrated computer systems to help increase efficiency of work production.
a) Robotics b) Technology c) Downsizing d) Skynet
Businesses prepare new financial statements
a) once per year. b) once per month. c) at the end of the period covered by a budget. d) when their accountant says to.
Which type of budget is an estimate of the actual money received and paid out for a specific period?
a) accounting b) cash c) balanced d) fiscal
The first thing listed on a balance sheet is
a) all income for the covered period. b) all expenses for the covered period. c) the purchase price of all assets. d) the current value of all assets.
Which of these is NOT a normal pay period?
a) weekly b) bi-weekly c) monthly d) yearly
Owners' equity is the difference between
a) income and expenses. b) assets and liabilities. c) profits and losses. d) winning and losing.
Which of these is NOT a characteristic of a successful budget?
a) It may need re-evaluation after being implemented, even during the covered time period. b) It may have some variances. c) It should not be changed during the covered time period. d) It should reflect only past and current income since those are the only known quantities.
Having a budget, you should
a) follow it exactly, without deviation. b) never make purchases using credit. c) know how to handle unforeseen financial emergencies that may occur. d) be able to buy anything you want.
The first step in the financial decision-making process is
a) checking for discrepancies. b) make necessary budget adjustments. c) checking to see if income and expenses are meeting the budgeted amounts. d) preparing a budget.
The last step in the financial decision-making process is
a) checking for discrepancies. b) make necessary budget adjustments. c) checking to see if income and expenses are meeting the budgeted amounts. d) preparing a budget.
Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from the data set above, visit ReviewGameZone.com and enter game ID number: 9551 in the upper right hand corner at ReviewGameZone.com or simply click on the link above this text.

TEACHERS / EDUCATORS
Log In
| Sign Up / Register