Business Finance Vocabulary Test

Business Finance Vocabulary Test

Assessment

Flashcard

Business

9th - 12th Grade

Hard

Created by

Tricia Horsley

FREE Resource

Student preview

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27 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is an example of a personal asset?

Back

jewelry

2.

FLASHCARD QUESTION

Front

Money owed by a person or company

Back

liability

3.

FLASHCARD QUESTION

Front

Amount of money that would be returned to shareholders

Back

Owner's Equity

4.

FLASHCARD QUESTION

Front

Who are shareholders of a company?

Back

Owners

5.

FLASHCARD QUESTION

Front

What are units of stock called?

Back

Shares

6.

FLASHCARD QUESTION

Front

What do 'Accounts Payable' refer to?

Back

Short-term obligations owed to creditors

7.

FLASHCARD QUESTION

Front

What does 'Accounts Receivable' represent?

Back

Money due from customers

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