Fall 2024 Business Financial Final Exam
Flashcard
•
Mathematics
•
12th Grade
•
Hard
Wayground Content
FREE Resource
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15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is the principal in finance?
Back
The amount of money earning interest.
2.
FLASHCARD QUESTION
Front
What is a commission?
Back
An amount of money paid to a sales agent based on how much they sold in a period of time.
3.
FLASHCARD QUESTION
Front
What is debt?
Back
Money you have borrowed and need to pay back.
4.
FLASHCARD QUESTION
Front
What type of account earns interest?
Back
Savings Account.
5.
FLASHCARD QUESTION
Front
What is net pay?
Back
The amount of money you have left after your employer subtracts all tax withholdings and personal deductions from your gross pay.
6.
FLASHCARD QUESTION
Front
What is unit pricing?
Back
A pricing strategy that allows consumers to compare the price of products based on a standard unit of measure.
7.
FLASHCARD QUESTION
Front
What is a checking account?
Back
A bank account that allows for deposits and withdrawals, typically used for everyday transactions.
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