Unit 17: Advanced (Quiz)

What term refers to the total value of everything a company owns, including cash, property, and investments?

• earnings
• equity
• assets
• budget

What is the legal state of being unable to repay debts?

• bankruptcy
• equity
• cutback
• credit rating

Which phrase represents the final net profit or loss of a company?

• bottom line
• earnings
• assets
• budget

What is a financial plan that estimates income and expenses over a period?

• budget
• assets
• cutback
• credit rating

What do you call a person or organization that uses the services of a professional?

• client
• equity
• managerial
• amalgamate

Which term represents a score assessing the creditworthiness of an individual or business?

• budget
• credit rating
• assets
• earnings

What is the term for a reduction in spending to save costs?

• cutback
• budget
• equity
• bankrupt

Which word refers to money earned, especially by a business?

• earnings
• assets
• budget
• credit rating

What term refers to the value of shares issued by a company?

• equity
• assets
• earnings
• bottom line

Which phrase describes a brand or person that is widely recognized by the public?

• household name
• luxury goods
• client
• equity