placeholder image to represent content

Business Essentials Unit 4

Quiz by Jeanette Clark

Our brand new solo games combine with your quiz, on the same screen

Correct quiz answers unlock more play!

New Quizalize solo game modes
40 questions
Show answers
  • Q1
    an individual who has had specialized training in accounting procedures
    accountant
    30s
  • Q2
    the process of keeping financial records
    accounting
    30s
  • Q3
    a process or series of steps that businesses complete to maintain their financial records effectively
    accounting cycle
    30s
  • Q4
    rules that accountants must follow when preparing financial statements
    accounting standards
    30s
  • Q5
    finance activity involving making decisions about financing
    acquisition of funds
    30s
  • Q6
    finance activity involving making decisions about a firm's investments
    administration of assets
    30s
  • Q7
    anything of value that a business owns
    assets
    30s
  • Q8
    a financial statement that captures the financial condition of the business at that particular moment
    balance sheet
    30s
  • Q9
    decisions that determine which projects a business will invest in, how the investment(s) will be financed, and whether to pay dividends to shareholders
    capital investment decisions
    30s
  • Q10
    a financial summary with estimates as to when, where, and how much money will flow into and out of a business
    cash flow statement
    30s
  • Q11
    a sum of money paid to an investor or stockholder as earnings on an investment
    dividends
    30s
  • Q12
    the monies that a business spends; also called expenditures
    expenses
    30s
  • Q13
    in business, the function that involves all money and money management matters
    finance
    30s
  • Q14
    a summary of accounting information
    financial statement
    30s
  • Q15
    money received by a business or an individual from outside sources
    income
    30s

Teachers give this quiz to your class