Module test: Profit, cash and what a business owns
Check what you have learned in Profit, cash and what a business owns. The questions cover these goals:
- Distinguish revenue, expenses and profit, and calculate profit at different levels from a simple set of figures.
- Explain why a profitable company can run short of cash, and why profit and cash flow differ.
- Use the equation assets = liabilities + equity to read and check a simple balance sheet.
How this test works
- 10 questions, picked at random from a bank of 33. Each attempt mixes easy, medium and harder questions across the module's learning goals.
- One question at a time. You can go back, change answers, and jump to any question before you submit.
- No time limit. Your answers are saved in this browser as you go, so a refresh will not lose them.
- You pass with 80% or more. Your best attempt earns XP: 5 for each right answer and 50 more for a pass. Every answer is explained afterwards, and you can retake with fresh questions.
Prefer to see each answer straight away? Practise this module instead
Test results are a learning aid, kept only in your browser. They are not a certificate or proof of knowledge.