financial terms

What is opportunity cost?

• your choice

• what you give up to make a choice

The process to reduce the value of an asset to zero, over a specified number of years

• Depreciation

• Debt

• Deferred

• Disposition

The distribution of the profits of a company to its owners.

• Dividend

• Due diligence

• Disposition

• Deferred

The dissolving of a company which can no longer pay its bills.

• Liquidation

• Liability

• Leasing

• loan

When one party gives another an amount of money which will be paid back at a later date

• loan

• Liability

• Leasing

• Liquidation

The difference between the sales value and the direct costs of producing an item.

• Margin

• Matching principle

• Maturity

• Merger

In Japan, the US dollar is

• foreign money

• strange money

• a foreign currency

Which 3 of these are costs?

• Fixed

• Variable

• Operating

• Revenue

What is a cost?

• Something the company receives

• The price of a product

• Something the company must pay

• Something the company sells

Which 2 of these are examples of start up costs for a small supermarket?

• Stock

• Buy a shop

• Pay wages

• Pay a recruitment agency to recruit staff