What is a 'Cash Flow'?

The total amount of money being transferred into and out of a business

What is 'Accounts Receivable'?

Money owed by customers to a company

What is 'Liability' in business terms?

Money that a company owes to others

What does 'Depreciation' mean?

Decreasing value of assets over time

What is 'Equity' in a company?

The difference between assets and liabilities

What is 'Accounts Payable'?

Money a company owes to its suppliers

What does 'Net Income' refer to?

Total revenue minus expenses and taxes

Something owned by a company that has value

What is a 'Balance Sheet'?

A financial statement showing a company's assets, liabilities, and equity

What does 'Gross Profit' mean?

Total revenue minus cost of goods sold

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Business English: Finance and Accounting Vocabulary

11 termsStudBud Administration2,754 plays

Immerse yourself in the language of Business English, with a specific focus on Finance and Accounting Vocabulary, in our interactive Quiz! This educational resource, tailored for students, parents, and educators, equips you with essential language skills for the intricate world of finance and accounting. #FinanceVocabularySkills #AccountingTerminology #BusinessLanguageProficiency

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Questions 11

Answers

1
What is a 'Cash Flow'?
The total amount of money being transferred into and out of a business
A company's total expenses
Money invested in the company
A record of all company sales
2
What is 'Accounts Receivable'?
The company's budget for the next year
Money invested in the company
Money owed by customers to a company
Money a company owes to its suppliers
3
What is 'Liability' in business terms?
Something that a company owns
The process of budgeting
Money that a company owes to others
A company's profit
4
What does 'Depreciation' mean?
Decreasing value of assets over time
Increasing value of assets over time
The process of budgeting for a project
Money owed by a company
5
What is 'Equity' in a company?
The company's total sales
The amount of debt a company has
The total revenue of a company
The difference between assets and liabilities
6
What is 'Accounts Payable'?
Money a company owes to its suppliers
Money owed by customers to a company
The company's budget for the next year
Money invested in the company
7
What does 'Net Income' refer to?
Total revenue minus cost of goods sold
Total sales minus cost of goods sold
A company's total sales
Total revenue minus expenses and taxes
8
What is an 'Asset'?
Something owned by a company that has value
Money owed by a company
Money invested in a business
Financial statements of a company
9
What is 'Inventory' in business?
The company's total expenses
Goods available for sale
A list of company shareholders
The company's budget for the next year
10
What is a 'Balance Sheet'?
A financial statement showing a company's assets, liabilities, and equity
A record of all company sales
A list of company shareholders
An outline of a company's marketing strategy
11
What does 'Gross Profit' mean?
Money owed by a company
The difference between assets and liabilities
Total revenue minus cost of goods sold
Money invested in the company

Business English: Finance and Accounting Vocabulary Flashcards | StudBud

Business English: Finance and Accounting Vocabulary

11 termsStudBud Administration2,754 plays

Flashcards11 cardsFPractice quizPHost liveL

Questions 11

Answers

1
What is a 'Cash Flow'?
The total amount of money being transferred into and out of a business
A company's total expenses
Money invested in the company
A record of all company sales
2
What is 'Accounts Receivable'?
The company's budget for the next year
Money invested in the company
Money owed by customers to a company
Money a company owes to its suppliers
3
What is 'Liability' in business terms?
Something that a company owns
The process of budgeting
Money that a company owes to others
A company's profit
4
What does 'Depreciation' mean?
Decreasing value of assets over time
Increasing value of assets over time
The process of budgeting for a project
Money owed by a company
5
What is 'Equity' in a company?
The company's total sales
The amount of debt a company has
The total revenue of a company
The difference between assets and liabilities
6
What is 'Accounts Payable'?
Money a company owes to its suppliers
Money owed by customers to a company
The company's budget for the next year
Money invested in the company
7
What does 'Net Income' refer to?
Total revenue minus cost of goods sold
Total sales minus cost of goods sold
A company's total sales
Total revenue minus expenses and taxes
8
What is an 'Asset'?
Something owned by a company that has value
Money owed by a company
Money invested in a business
Financial statements of a company
9
What is 'Inventory' in business?
The company's total expenses
Goods available for sale
A list of company shareholders
The company's budget for the next year
10
What is a 'Balance Sheet'?
A financial statement showing a company's assets, liabilities, and equity
A record of all company sales
A list of company shareholders
An outline of a company's marketing strategy
11
What does 'Gross Profit' mean?
Money owed by a company
The difference between assets and liabilities
Total revenue minus cost of goods sold
Money invested in the company