people who create and sell things in order to make money.

In finance, a loss is?

the total expenses exceed total revenue; opposite of profit

What is role does a consumer play in business?

someone who buys and uses products and services.

What are you doing when you reconcile an account?

checking for financial accuracy

the management of money and/or other items of value

What does cash in hand mean?

Money in the form of cash that is available for use

Money made by a company, after expenses have been paid.

money that borrowed and paid back with interest

What is capital in business?

money and/or other resources used to make more money

What is personal finance?

management of money and financial decisions for a person

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Finance

14 termsStudBud Administration291 plays

An introduction to #finance vocabulary

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Questions 14

Answers

1
What is a debt
the state of owing something
total expenses exceed total revenue, opposite of profit
when money is taken out of an account
assets available for use in the production of further assets
2
What is an expense?
the money spent on something
introducing a new product, with publicity etc
a reserve of money set aside for some purpose
the management of money and/or other items of value
3
A Business is
talking to the consumers
people who create and sell things in order to make money.
the activity of attracting public attention to a product.
a specific segment of a population
4
In finance, a loss is?
money made by a company
the amount that something is valued above its nominal value
a series of actions intended to achieve the specific goal
the total expenses exceed total revenue; opposite of profit
5
What is role does a consumer play in business?
they study the needs and preferences of customers
someone who buys and uses products and services.
talk to others
they design advertising
6
What is a deposit?
A short unique phrase used to advertise a company or product
money put into an account
a name, trademark, or symbol used for easy recognition
a cost associated with running a business
7
What are you doing when you reconcile an account?
checking for financial accuracy
creating a new product or improving an existing one
promoting products
reducing a product price.
8
What is finance?
to estimate the price of making a product
the management of money and/or other items of value
money put into an account
to estimate the price of making a product
9
What are you doing when you withdraw money from an account?
putting money in
taking money out
checking for accuracy
putting money under a mattress
10
What does cash in hand mean?
money a company earns
assets available for use in the production of further assets
money taken out of an account
Money in the form of cash that is available for use
11
What is a profit?
controls a film's artistic and dramatic aspects
to check for accuracy
talking to consumers to see if the product fits their needs
Money made by a company, after expenses have been paid.
12
What is a loan?
money made by a company
money that borrowed and paid back with interest
money a company earns from selling a product or a service
money in the form of cash
13
What is capital in business?
the wrapping or container for a product
something made to be sold
a company’s name
money and/or other resources used to make more money
14
What is personal finance?
putting money under a mattress
money in the form of cash
to check for accuracy
management of money and financial decisions for a person

Finance Flashcards | StudBud