What is Finance? 1.1

Front

What is the primary purpose of finance?

Back

To manage money

Front

Which of the following is a basic concept in finance? Photosynthesis, Interest rates, Plate tectonics, Literary analysis

Back

Interest rates

Front

What is a common financial instrument used for borrowing money?

Back

A bond

Front

Which term refers to the profit made from selling an asset for more than its purchase price?

Back

Capital gain

Front

What is the term for the cost of borrowing money, usually expressed as a percentage?

Back

Interest

Front

Which of the following is a type of financial market? Supermarket, Stock market, Flea market, Farmers market

Back

Stock market

Front

What is the term for the distribution of a portion of a company's earnings to its shareholders?

Back

Dividend

Front

Which of the following is a basic financial statement?

Back

Balance sheet

Front

What is the term for the total amount of money a business earns from its operations?

Back

Revenue

Front

Which of the following is a key component of personal finance?

• Budgeting
• Painting
• Gardening
• Cooking

Back

Budgeting