Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Accounting & Finance Terms
Test Description: Use your vocabulary provided in class to review accounting/finance
Instructions: Answer all questions to get your test result.
1) The system of recording and reporting financial activity and transactions.
A
budget
B
audit
C
accounting
D
expenses
2) A report showing all assets, liabilities, and owner's equity of a business as of a specific date.
A
balance sheet
B
liabilities
C
income statement
D
statement of change in owner's equity
3) A report showing the revenue, expenses, and income (or loss) of a business for a specific time period.
A
balance sheet
B
income statement
C
statement of change in owner's equity
D
accounting
4) Financial statement that reports the changes that have occurred in the owner's equity account during the fiscal period
A
income statement
B
expenses
C
balance sheet
D
statement of change in owner's equity
5) A plan that shows what you expect to earn and spend in a certain time period
A
assets
B
liabilities
C
budget
D
owner's equity
6) A professional whose work mainly involves checking on the accuracy of work performed by bookkeepers and accountants
A
Accountant
B
Bank Teller
C
Auditor
D
CPA
7) Accountants who meet specific educational requirements and pass a national exam.
A
CPA
B
Bookkeeper
C
Accountant
D
Bank Teller
8) A worker who handles bank deposits and withdrawals & accepts loan payments.
A
Auditor
B
Accountant
C
Bank Teller
D
CPA
9) Items that are owned by a company
A
liabilities
B
assets
C
owner's equity
D
profit
10) Items that are owed by a company
A
profit
B
owner's equity
C
assets
D
liabilities
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?