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4 Written questions

4 Multiple choice questions

  1. Profit and loss statement
  2. show the movement of cash into and out of the business.
  3. Shows the Net Income or the Net Loss for the business
  4. financial document that reports total revenue and expenses for a specific period.

3 True/False questions

  1. Budgeta financial plan extending ususally for one-year.


  2. Checking AccountDemand Deposit


  3. Checking AccountAllows depositors to write checks rather than pay bills with cash.


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