Vocabulary Set 3

Vocabulary Set 3

9th - 12th Grade

25 Qs

quiz-placeholder

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Vocabulary Set 3

Vocabulary Set 3

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

KELLI SMIRNIOTIS

Used 7+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money a business plans on spending during a given

                 period

Budget

Acquisition Cost

Break-even point

Burn Rate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money owed to an entity.

Profit

Equity

Liability

Operating Costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A calculation used to measure a business’s monthly cash flow.

Equity

Fixed Costs

Income Statement

Burn Rate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fluctuating (changing) costs that a business has depending on

                 production.

fixed costs

variable costs

budget

break-even point

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A calculation used to make projections about a company’s future

                 performance.

Run Rate

Budget

Income Statment

Asset

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost incurred by a business.

Asset

Equity

Acquisition Cost

Liability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price a company charges for its product or service, determined by adding the cost price and the profit margin the company wants to earn.

break-even point

profit

run rate

selling price

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