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Assets vs. Liabilities Quiz

Froggy Jumps

Played 17

About this activity

Test your understanding of assets and liabilities!

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Costa Rica

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Assets vs. Liabilities Quiz
 

Froggy Jumps

Assets vs. Liabilities QuizOnline version

Test your understanding of assets and liabilities!

by Celeste Tenorio
1

What is an asset?

2

Which of the following is NOT a current asset?

3

Which of these is a non-current asset?

4

What is a liability?

5

Which of these is a current liability?

6

How do assets affect a company’s value?

7

Why are liabilities considered risky?

8

Where are assets and liabilities recorded?

9

What does it mean if a company has more liabilities than assets?

10

Complete the sentence: Assets ______ value, liabilities ______ value.

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