Fall 2024 Business Financial Final Exam

Fall 2024 Business Financial Final Exam

Assessment

Flashcard

Mathematics

12th Grade

Hard

Created by

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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