Moodle Knowledge Quiz

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9 Questions

Which of the following assets represent current assets?


In the context of accounting, what type of asset is an office building?

Tangible fixed asset

Which of the following is an example of a fixed asset?

Production machinery

What is the correct classification of trade receivable in terms of assets?

Current asset

What type of asset does raw material represent?

Current asset

In accounting, what type of asset is trade receivable?

Current asset

Which of the following is an example of a fixed asset?

Office building

When the owner buys a car for private use, how does this transaction affect the accounting equation?

Increases assets, decreases equity

What effect does the purchase of production machinery have on the balance sheet?

Increases assets, increases equity

Test your knowledge of the Moodle learning platform utilized at the Technical University of Munich in this quiz. Find out how well you understand its features and functionalities.

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