Accounting – Multiple ChoiceBy Colin Darke / April 29, 2024 Micro Learning - Accounting Quick Quiz Accounting - Multiple Choice What is the definition of 'Revenue' in the context of fintech companies? * The total amount of debts owed by the company The costs incurred to generate revenue The income generated from business activities such as subscription fees, transaction fees, or commissions The total assets owned by the company Which of the following can be considered an asset for a fintech company? * Accounts payable Regulatory compliance costs Investments in technology platforms Investments in technology platforms What does 'Equity' represent in a fintech startup? * The total liabilities owed by the company The ownership interest in the company, possibly from initial investments by founders or funding rounds The movement of money in and out of the business The percentage of revenue that translates into profit after expenses Next Lesson Related
