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Accounting & Finance Quiz Flashcards | StudBud
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Accounting & Finance Quiz
Accounting & Finance Quiz
18 terms
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Quiz to review for Final
Flashcards
18 cards
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Practice quiz
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Questions
18
Answers
1
ROI stands for this...
Return on Investment
Rate of Income
Rate on Return
Rate of Income
2
If a stock is paying dividends, it means...
the company is in the growth stage
the company is struggling
the company is trying to attract investors
the company is stable
3
What is compound interest?
the total interest paid on a loan
interest on principle
one years worth of interest
interest on interest
4
This is a unique series of letters assigned to a security (stocks, bonds, etc...) for trading purposes
typogram
ticker symbol
aesthetic symbol
trademark
5
Assets are...
obligations to the owner
value generating activities
things of value
obligations to creditors
6
What financial document shows Income/Revenue - Expenses = Profit?
Balance Sheet
Cash Flow Statement
Income Statement
Aging Report
7
The accounting equation is...
Assets = Liabilities -Equity
Equity = Assets + Liabilities
Liabilities = Assets + Equity
Assets = Liabilities +Equity
8
Zoe bought 20 shares of Target stock in 2015 for $50 per share. Today it is worth $200 per share. How much did she gain?
$3,000
$4,000
$1,000
$10,000
9
What financial statement shows Assets = Liabilities + Equity?
Income Statment
Cash Flow Statement
Aging Report
Balance Sheet
10
Equity is...
uses of funds
things of value
sources of funds
obligations to the owner
11
Select all that are "uses of funds"
assets, liabilities, and equity
income/revenue, liabilities, and equity
income/revenue and expenses
assets & expenses
12
Profits on an investment, such as stock are called...
capital gains
Market gains
Revenue
Capital improvements
13
Money now is worth more than money later is what principle?
time value of money
simple interest
capital gains
compound interest
14
Select all that are "sources of funds"
income/revenue and expenses
assets, liabilities, and equity
assets & expenses
income/revenue, liabilities and equity
15
What account flows into Equity and is a combination of the relationship between income/revenue and expenses?
Sales
Capital
Cash
Profit
16
Which market cap is $250 million to $2 billion?
small
medium
large
average
17
Liabilities are...
value sacraficing activities
obligations to the owner
value generating activities
obligations to the creditor
18
If a stock's price has gone up and down dramatically of the past few years, that stock is...
risky
pays dividends
a sure bet
older and established
