Finance Basics

Finance Basics

Assessment

Flashcard

Business

12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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46 questions

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1.

FLASHCARD QUESTION

Front

Zoe, Grace, and Kai are learning about finance. Can you help them identify the three main types of financial statements?

Back

income statement, balance sheet, and cash flow statement

2.

FLASHCARD QUESTION

Front

The amount a business makes when total revenue exceeds total expenses.

Back

Profit

3.

FLASHCARD QUESTION

Front

Amount of money that a business earns in a given period.

Back

Revenue

4.

FLASHCARD QUESTION

Front

Pay now
Options: credit card, prepaid card, debit card

Back

all of these

5.

FLASHCARD QUESTION

Front

What are principles that guide behavior and decision-making called?

Back

Ethical standards

6.

FLASHCARD QUESTION

Front

Not to be shared or told; to be held in confidence, or kept to oneself

Back

confidentiality

7.

FLASHCARD QUESTION

Front

Law that focuses on behavior known as crime; deals with wrongs against a person, property, or society

Back

criminal law

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