How many did you get right? ⬇️ ANSWERS ⬇️ 1. ACCOUNTS PAYABLE - Accounts Payable represents a company's obligation to pay off a short-term debt to its creditors or suppliers. 2. RETURN ON ASSETS - Return on Assets is a financial ratio that shows the percentage of profit a company earns in relation to its overall assets. 3. EARNINGS PER SHARE - Earnings Per Share is a financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock. 4. FIRST IN, FIRST OUT - FIFO is an inventory valuation method where the oldest (first-in) items are sold or used first, and the cost of those items is applied to the cost of goods sold. 5. CERTIFIED PUBLIC ACCOUNTANT - A CPA is a professional accountant who has met the licensing requirements of their state and is qualified to perform auditing and accounting services. For more practice questions like this head to: accountingstuff.com
How many did you get right?
⬇️ ANSWERS ⬇️
1. ACCOUNTS PAYABLE - Accounts Payable represents a company's obligation to pay off a short-term debt to its creditors or suppliers.
2. RETURN ON ASSETS - Return on Assets is a financial ratio that shows the percentage of profit a company earns in relation to its overall assets.
3. EARNINGS PER SHARE - Earnings Per Share is a financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock.
4. FIRST IN, FIRST OUT - FIFO is an inventory valuation method where the oldest (first-in) items are sold or used first, and the cost of those items is applied to the cost of goods sold.
5. CERTIFIED PUBLIC ACCOUNTANT - A CPA is a professional accountant who has met the licensing requirements of their state and is qualified to perform auditing and accounting services.
For more practice questions like this head to: accountingstuff.com
4/5
@@bibi_6401 Nicely done ⭐
4/5 , it’s great to test your knowledge ❤
Well done!
4/5 😊 GM from Houston, TX. EPS stumped me … HAGD! 😊
So close!
Got them all. Those were easy peasy this time
Nice one!
Wow I still got 5/5 even after 20 yrs of finishing school and never applying accounting at any of my work 😅
Great! Seems like you were able to retain that knowledge :)
Please videos on cost accounting
Thanks for your request!
4/5. Getting there!
Yes indeed! Good effort ⭐️
5/5 sir.
Nicely done 🙌
5/5 🎉 Should throw in ROU in the next one!
Well done 🔥
I got right 3 out of 5 :)
Nice one!
These are so cute and fun
Thanks, glad to hear it!
Easy peazy
Nice one!
5/5
Well done!!
5/5 easy mode
Well done ⭐
5!
Well done!!
3/4
Out of 5?
5/5😊
Too good!
5
Nice one!
5/5 🎉
Well done ⭐
5/5 🥳
Woop woop 🙌
3/5
Well done!
All😌
Well done ⭐
2/5
All good! This isn't a test :)
I forgot ROA, 4/5.
That's Return on Assets... th-cam.com/video/Kh7bfwY89Go/w-d-xo.html
Thank you, sir.🙂
@@zumiljoshi0237 No problem :)
Accounts payable
👍
4/5 missed the CPA
So close!!
Today i got only 1 answer😂 no'4
All good! Have a read through the answers in the comments :)
2/5…..
All good! This isn't a test :)
I got 1 out of 5 ಠ,_｣ಠ
No worries! This isn't a test :)
5/5
Well done!!
4/5
So close!
5
Nice one!
5/5
Well done ✅
3/5
Nicely done!