B.E. Final Review_2023

An amount owed by a business

• Assets

• Liability

• Expense

• Revenue

The theft of funds or property belonging to another individual or entity

• Larceny

• Robbery

• Embezzlement

• Account Fraud

Financial rights to the assets of a business

• Price Signal

• Equities

• Property rights

• Owner's Equity

A decrease in owner's equity resulting from the operation of a business

• Expense

• Expensive equity

• Sale on account

• Withdrawal

Based on culture and rituals, and is focused on the economy as a whole. Goods and services are produced in a natural way. What is left over is sold or traded with people

• Traditional Economy

• Barter & Trade System

• Market Economy

• Mixed Economy

A sale for which cash will be received at a later date

• Accounting Payable

• Sale on account

• Revenue

• Investment

Joe paid $500 for new office supplies. This is an example of a(n)

• Account

• Transaction

• Sale on Account

• Revenue

We have unlimited wants but limited resources. This is called

• The Supply & Demand Theory

• The Economic Theory

• The Supply & Demand Problem

• The Economic Problem

Which is not a professional option in the social security section of the resume?

• Write in 'available upon hire'

• N/A

• Write in your social security number

• Write in 'available upon request'

Which option shows the professional and correct way to write in an address to a job application?

• 21300 College Blvd Olathe Kansas, 66061

• 21300 College Blvd. Olathe KS 66061

• 21300 College Blvd. Olathe, KS, 66061

• 21300 College Blvd. Olathe, KS 66061