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Enterprise Quiz For *exam*

This quiz should hep tp prepare for the exam on Friday Good Luck!

Questions: 6 | Attempts: 142 | Last updated: Sep 6, 2025

Sample Question 1
Assets are:

Items of ownership that are benefical to the business

Moneys owed; debts or pecuniary obligations

Hair dryers, tools, paint, etc.

Green with spikes

Sample Question 2
Liabilities are:

The very first, large, heading for a transaction table

Always a good thing

The same as an asset

Anything that is a hindrance or puts a business at disadvantage

Sample Question 3
Owners equity is:

The opposite of liability and can be expressed as capital

When the owners sneaks into the business' cash register and steals all the money and can be expressed as R.E.A.L.

Ownership interest in a corporation in the form of common stock or preferred stock capital

The amount of money in wages and can be expressed as capital

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