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4 Written questions

4 Multiple choice questions

  1. Allows depositors to write checks rather than pay bills with cash.
  2. Profit and loss statement
  3. financial document that reports total revenue and expenses for a specific period.
  4. Statement of Financial Position

3 True/False questions

  1. Cash Flow StatementShows the Net Income or the Net Loss for the business

          

  2. Balance Sheeta financial statement that lists assets, liabilities, and capital of a business.

          

  3. BudgetShows the basic accounting equation