Finance 3 Quiz 1

What does the phrase “keep your employees in the loop” mean?

• Punish them

• Make them happy

• Help the meet their needs and wants

• Give them always what they want

It’s a very important part of a business. Are the people in charge of performing multiple tasks and work at a business so that can develop and produce a service or a product.

• Profits

• Liabilities

• Assets

• Human resourses

“The happier the people of the business are, the better would be for the company”

• True

• False

• No idea

• I don’t know

It’s the payment for someone services or employment.

• Assets

• Remuneration

• Liabilities

• Profits

Are other benefits or business that the employer receive because of his/her work.

• Remuneration

• Compensation

• Assets

• Liabilities

It’s an example of compensation.

• Assets

• Liabilities

• Human Resources

• Health insurance

It’s a useful or valuable thing, person, or quality.

• Asset

• Liability

• Liquidity

• Profit

It’s an asset that can be easily be converted into cash in short period of time.

• Compensation

• Liquid asset

• Liability

• Non liquid asset

It’s an asset that can’t be quickly converted into cash.

• Non liquid asset

• Liability

• Asset

• Liquid asset

It’s something a person or company owes.

• Assets

• Liquid

• Liabilities

• Non liquid