Term 2 Business Exam

Beschreibung

Year 10 Economics and Business Quiz am Term 2 Business Exam, erstellt von Chloe Costello am 18/06/2018.
Chloe Costello
Quiz von Chloe Costello, aktualisiert more than 1 year ago
Chloe Costello
Erstellt von Chloe Costello vor fast 6 Jahre
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Zusammenfassung der Ressource

Frage 1

Frage
An item of value owned by a business which lasts for years.
Antworten
  • Liability
  • Expense
  • Asset

Frage 2

Frage
An amount owed to another firm/business.
Antworten
  • Asset
  • Sale
  • Liability
  • Expense

Frage 3

Frage
The value of the business to the owner.
Antworten
  • Owner's Equity
  • Capital
  • Income

Frage 4

Frage
Costs from a business which must be bought over and over.
Antworten
  • Capital
  • Bank Overdraft
  • Expenses
  • Mortage

Frage 5

Frage
Income received by a business.
Antworten
  • Revenue
  • Sales
  • Stock

Frage 6

Frage
The amount the owner has invested in the business.
Antworten
  • Owner's Equity
  • Expense
  • Drawings
  • Capital

Frage 7

Frage
A firm/individual who owes the business money.
Antworten
  • Accounts Recievable
  • Accounts Payable

Frage 8

Frage
A firm/individual to whom owes the business money.
Antworten
  • Accounts Receivable
  • Accounts Payable
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