English Test

Generate an illustration of a classroom setting with a blackboard filled with financial terms such as 'depreciation', 'amortization', and 'assets'. Include students engaging in a quiz activity.

Master Your Financial Concepts

Test your knowledge with our engaging finance quiz! This quiz covers essential topics such as depreciation, amortization, and asset management to help you strengthen your understanding of financial principles.

Perfect for students, teachers, and anyone interested in improving their financial literacy!

6 Thought-Provoking Questions
Multiple Choice Format
Instant Feedback on Your Answers

6 Questions2 MinutesCreated by CountingCoins321

What is the name of the presentation?

Interests and cessanties

Cash flow

Assets and Liabilities

Depreciation and amortization

Depreciation is a reduction in the value of the fixed asset, due to use.

True

False

Types of assets:

Current or normal assets

Fixed and current assets

Fixed and enforceable asset

None of the above

Amortization is used to periodically increase the book value of a loan over a period of time.

True

False

Difference between Amortization and depreciation

Depreciation is used for intangible assets, while Amortization is used for tangible assets.

Depreciation is used for assets and Amortization for liabilities

Depreciation and Amortization differ in nothing

Depreciation is used for tangible assets, while Amortization is used for intangible assets.

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