4 Written questions
4 Multiple choice questions
- Profit and loss statement
- show the movement of cash into and out of the business.
- Shows the Net Income or the Net Loss for the business
- financial document that reports total revenue and expenses for a specific period.
3 True/False questions
Budget → a financial plan extending ususally for one-year.
Checking Account → Demand Deposit
Checking Account → Allows depositors to write checks rather than pay bills with cash.