Business Finance Flashcard
Flashcard
•
Business
•
10th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
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8 questions
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1.
FLASHCARD QUESTION
Front
Which of the following shows how much money came into the business, what the money was spent on, and how much money is leftover in the business? Expense report, Sales report, Income statement, Overhear report
Back
Income statement
2.
FLASHCARD QUESTION
Front
Average order value is calculated to show...
Back
How much a customer will spend every time they make a purchase
3.
FLASHCARD QUESTION
Front
A type of expense indirectly associated with your product or service that is necessary for the operation of your business is what type of cost?
Back
Overhead
4.
FLASHCARD QUESTION
Front
Which of the following is an example of a direct expense? Accounting fees, Labels and packaging for product, Website hosting fee, Phone bill
Back
Labels and packaging for product
5.
FLASHCARD QUESTION
Front
Average sales per customer is calculated to show...
Back
How much a customer will spend every time they make a purchase
6.
FLASHCARD QUESTION
Front
Average orders per customer is calculated to show...
Back
How many times a customer will purchase from you
7.
FLASHCARD QUESTION
Front
The money that comes into a business through sales is also known as...
Back
Revenue
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