Accounting Dictionary Quiz

Froggy Jumps

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Spanish-English accounting terms

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Mateo Osorio

Colombia

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Accounting Dictionary Quiz


Froggy Jumps Accounting Dictionary QuizOnline version Spanish-English accounting terms by Mateo Osorio 1 What is the meaning in English of 'Assets'? a Debts or obligations. b Resources owned by a company. c Funds used to operate a business. 2 What is the meaning in English of 'Liabilities'? a Debts or obligations. b Owner's residual interest in assets. c Income generated from business activities. 3 What is the meaning in English of 'Revenue'? a Profit after expenses. b Costs incurred to operate a business. c Income generated from business activities. 4 What is the meaning in English of 'Expenses'? a Income generated from business activities. b Costs incurred to operate a business. c Debts or obligations. 5 What is the meaning in English of 'Profit'? a Debt owed to another party. b Cost of borrowing money. c Amount earned after expenses. 6 What is the meaning in English of 'Balance Sheet'? a Report of revenues and expenses. b List of accounts and balances. c Statement of assets, liabilities and equity. 7 What is the meaning in English of 'Income Statement'? a Statement of assets, liabilities and equity. b Report of revenues and expenses. c Movement of cash in and out. 8 What is the meaning in English of 'Cash Flow'? a Total assets minus liabilities. b Movement of funds between accounts. c Movement of cash in and out. 9 What is the meaning in English of 'Audit'? a Book containing all accounts. b Examination of financial records. c Proof of payment received. 10 What is the meaning in English of 'Journal'? a Book containing all accounts. b Book of original transaction entries. c Document requesting payment. 11 What is the meaning in English of 'Ledger'? a Book containing all accounts. b Record of payment made. c Book of original transaction entries. 12 What is the meaning in English of 'Invoice'? a Proof of payment received. b Transfer of money to settle an obligation. c Document requesting payment. 13 What is the meaning in English of 'Receipt'? a Document requesting payment. b Money placed into an account. c Proof of payment received. 14 What is the meaning in English of 'Deposit'? a Money taken from an account. b Account held at a bank. c Money placed into an account. 15 What is the meaning in English of 'Withdraw'? a Money taken from an account. b Account held at a bank. c Money placed into an account. 16 What is the meaning in English of 'Inventory'? a Costs incurred to operate a business. b Goods available for sale. c Assets owned by a company. 17 What is the meaning in English of 'Cost'? a Amount spent to obtain something. b Employee salaries. c Revenue generated from business activities. 18 What is the meaning in English of 'Fixed Cost'? a Cost that does not change with production. b Overhead c Variable Cost 19 What is the meaning in English of 'Variable Cost'? a Cost that changes with production volume. b Fixed Cost c Depreciation 20 What is the meaning in English of 'Depreciation'? a Inventory b Reduction in asset value over time. c Amortization

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Accounting Dictionary Quiz

Froggy Jumps

About this activity

Created by

Download the paper version to play

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Accounting Dictionary QuizOnline version

by Mateo Osorio

What is the meaning in English of 'Assets'?

What is the meaning in English of 'Liabilities'?

What is the meaning in English of 'Revenue'?

What is the meaning in English of 'Expenses'?

What is the meaning in English of 'Profit'?

What is the meaning in English of 'Balance Sheet'?

What is the meaning in English of 'Income Statement'?

What is the meaning in English of 'Cash Flow'?

What is the meaning in English of 'Audit'?

What is the meaning in English of 'Journal'?

What is the meaning in English of 'Ledger'?

What is the meaning in English of 'Invoice'?

What is the meaning in English of 'Receipt'?

What is the meaning in English of 'Deposit'?

What is the meaning in English of 'Withdraw'?

What is the meaning in English of 'Inventory'?

What is the meaning in English of 'Cost'?

What is the meaning in English of 'Fixed Cost'?

What is the meaning in English of 'Variable Cost'?

What is the meaning in English of 'Depreciation'?