4 Written Questions
4 Multiple Choice Questions
- Statement of Financial Position
- a financial plan extending ususally for one-year.
- Used to control cash in a business
- Demand Deposit
3 True/False Questions
Income Statement → Shows the Net Income or the Net Loss for the business
Cash Flow Statement → show the movement of cash into and out of the business.
Checking Account → Allows depositors to write checks rather than pay bills with cash.