Business Budgeting & Accounting Vocabulary
Quiz
•
Other
•
10th Grade
•
Medium
Redonda Buckner
Used 9+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
amount of money a business receives over a period of time
revenue
income
cost of goods
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
income from sales or services based on the goal of the business
sales figures
operating revenue
gross profit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
subtracting the cost of goods sold from net sales figures
sales figures
gross profit
income
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
tabulation of all expenses incurred in running a business
total expenses
net income
fixed expenses
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
assets which are not able to be sold quickly which carry high risk of losing money
fixed assets
liquid assets
illiquid assets
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
monies available immediately
net worth
assets
cash
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
items of ownership convertible into cash
assets
labilities
net worth
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