Finance Basics
Flashcard
•
Business
•
12th Grade
•
Practice Problem
•
Hard
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46 questions
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1.
FLASHCARD QUESTION
Front
Zoe, Grace, and Kai are learning about finance. Can you help them identify the three main types of financial statements?
Back
income statement, balance sheet, and cash flow statement
2.
FLASHCARD QUESTION
Front
The amount a business makes when total revenue exceeds total expenses.
Back
Profit
3.
FLASHCARD QUESTION
Front
Amount of money that a business earns in a given period.
Back
Revenue
4.
FLASHCARD QUESTION
Front
Pay now
Options: credit card, prepaid card, debit card
Back
all of these
5.
FLASHCARD QUESTION
Front
What are principles that guide behavior and decision-making called?
Back
Ethical standards
6.
FLASHCARD QUESTION
Front
Not to be shared or told; to be held in confidence, or kept to oneself
Back
confidentiality
7.
FLASHCARD QUESTION
Front
Law that focuses on behavior known as crime; deals with wrongs against a person, property, or society
Back
criminal law
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