Accounts Receivable & Budgeting for Veterinary Offices

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Money owed to a business is called:

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1. Which of these should you never do?

2. ___are illegal in some states:

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About This Quiz & Worksheet

This quiz and corresponding worksheet combo helps gauge your knowledge of accounting principles. Topics you will be quizzed on include illegal financial activity and budgeting for veterinary clinics.

Quiz & Worksheet Goals

Using this worksheet and quiz, you can review:

  • Principles of budgeting
  • Illegal financial activity in the US
  • The term for money owed to a business
  • Things that shouldn't be done at a veterinary clinic

Skills Practiced

This quiz and worksheet can help you practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related accounting lesson
  • Information recall - access the knowledge you have gained regarding the principles of budgeting
  • Knowledge application - use your knowledge to answer questions about the money owed to businesses

Additional Learning

To learn more about accounting principles and budgeting for veterinary clinics, review the lesson called Accounts Receivable & Budgeting for Veterinary Offices. This lesson will help you:

  • Define accounts receivable
  • Determine why people shouldn't accept postdated checks
  • Learn how veterinary clinics budget their money
  • Examine the benefits of hiring a CPA
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