Regional Credential Exam

Funds lent to a business with an agreement that the business will repay the lender with interest.

• cost of goods sold
• credit/debt
• deductible
• covered loss
• None

A person or business with a strong credit score and the financial resources that make it likely that they will be able to repay a loan.

• credit-worthiness
• guarantor
• corporation
• angel investor
• None

Internet phenomenon where strangers learn about your business online and then decide whether or not to make an investment.

• go/no go
• marketing
• default
• crowdfunding
• None

The amount that an insurance company makes a policyholder pay as part of any claim.

• credit/debt
• covered loss
• deductible
• dividend
• None

Failure to repay a loan

• credit-worthiness
• default
• credit/debt
• equity
• None

The act of making a business different than its competitors.

• determination
• differentiation
• default
• grit
• None

Money paid by a company to a person who owns stock in that company.

• capital
• dividend
• equity
• loan
• None

Funds contributed by investors to a business.

• credit/debt
• dividends
• covered loss
• equity
• None

The option a supplier might grant a company to pay their bills later than they normally would.

• extended payment terms
• deductible
• fixed cost
• installment payment
• None

The 12 month period a company uses to report financial results.

• fiscal year
• payment installments
• breakeven cost
• fixed costs
• None