Onlinecourses55 - Start page
Home
LOGIN
REGISTER
LOGIN
REGISTER
Seeker
Test The balance sheet
Agenda
QUESTION 1: WHAT MAKES UP THE EQUITY ACCOUNT IN THE BALANCE SHEET?
It is composed of capital+reserves+net income for the period
It is comprised of financial reserves from previous results
QUESTION 2: WHICH STATEMENT IS CORRECT?
The balance sheet is the flow of income and expenses in a given period
The balance sheet is the financial position at a specific point in time
The balance sheet is the cash flow at a given point in time
All of the above
QUESTION 3: WHY IS THE BALANCE SHEET IMPORTANT?
To control the finances of the business
To create more efficient marketing strategies
QUESTION 4: WHAT IS THE PURPOSE OF THE BALANCE SHEET?
Know where the business is financially
Identify losses
Verify whether we can meet our obligations
All of the above
QUESTION 5: WHAT SECTIONS MAKE UP THE BALANCE SHEET?
It consists of assets and liabilities
It consists of assets, liabilities and equity
QUESTION 6: HOW CAN THE BALANCE SHEET INFORMATION BE REPRESENTED?
In the form of an account, horizontally, assets on the left and liabilities and equity on the right
In reporting form, vertically, assets first and then liabilities and equity
All of the above
None of the above
QUESTION 7: WHAT IS THE BALANCE SHEET RESULT LIKELY TO BE?
It can be positive
It may be negative
It is always positive
None of the above
QUESTION 8: WHAT DOES IT MEAN THAT THE BALANCE SHEET BALANCES?
Assets must be equal to liabilities plus equity
That the result is positive
Send
This test is only available to students who have purchased the course
INCORRECT QUESTIONS
Previous
Next
Are there any errors or improvements?
Where is the error?
What is the error?
Send
Search
Popular searches
Nutrition
Coaching
Psychology
Wellness
