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4 Written questions

4 Multiple choice questions

  1. Shows the Net Income or the Net Loss for the business
  2. Allows depositors to write checks rather than pay bills with cash.
  3. financial document that reports total revenue and expenses for a specific period.
  4. Used to control cash in a business

3 True/False questions

  1. Balance SheetShows the basic accounting equation


  2. Cash Flow StatementProfit and loss statement


  3. Balance SheetStatement of Financial Position