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Froggy Jumps
Froggy Jumps

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Froggy Jumps

Jugadas 200

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QUIZ IN ENTREPRENEURSHIP

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Froggy Jumps

ENTREPRENEURSHIPVersión en línea

QUIZ IN ENTREPRENEURSHIP

por Racadio, April Kate T.
1

The difference between total revenues and the cost of goods sold

2

The income generated from the company's primary operations

3

It includes the direct costs associated with producing the goods

4

It represents the company's profit or loss after all expenses, including taxes.

5

The company's profit or loss before accounting for income taxes

6

Income and expenses that are not part of the core operations.

7

Examples are interest income, interest expenses, and gains or losses from investments.

8

Operating income is derived by subtracting total operating expenses from the ___________.

9

Operating income is derived by subtracting total ____________ from the gross profit.

10

NOT part of Operating Expenses

11

Each financial transaction is recorded in two accounts, one as a debit and the other as a credit.

12

Use to track income and expenses related to specific projects or jobs.

13

Focuses on tracking and allocating costs to specific products, services, or departments.

14

Hybrid bookkeeping combines elements of both manual and ___________.

15

It often uses cloud-based accounting software.

16

It represents what a company owns or controls.

17

It represents a company's obligations or debts.

18

It represents the residual interest in the assets of a company after deducting its liabilities.

19

The following belongs to: Owner's Capital

20

The following belongs to: Retained Earnings

21

The following belongs to the following: Accounts Payable

22

The following belongs to the following: Accrued Expenses

23

The following belongs to the following: Lease Obligations

24

The following belongs to: Post-Employment Benefits

25

The following belongs to: Pension

26

The following belongs to: Equipment

27

The following belongs to: Long-term investment

28

The following belongs to: Accounts Receivable

29

The following belongs to: Prepaid Expenses

30

The following belongs to: Long term loans

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