What is the term for the money a business takes in?
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8th Grade
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expense
Income
Loss
Profit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a buyer of a product or service called?
Customer
Entrepreneur
Goal
Task
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do you call a person who creates something from an idea?
Service
Sale
Entrepreneur
Pitch
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term describes the possibility of a loss in business?
Risk
Goal
Income
Expense
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a business spends more money than it takes in, what is this called?
Profit
Loss
Income
Sale
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for customer needs like repairs, delivery, babysitting, or housecleaning?
Services
Products
Goods
Pitches
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the money you take home after you pay all expenses in a business?
Income
Risk
Profit
Loss
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