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Business Basics Final 2021

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

The form where you keep track of your debits and deposits is called?

a)

Record

b)

Registry

c)

Form

2.

What is a monthly budget?

a)

How much money you spend on various items such as home, food and supplies.

b)

A list of what you spend each month.

c)

When you spend money you don't have.

3.

When you take more money out than your account has, is called what?

a)

Overdraft

b)

Red Ledger

c)

Negative Balance

d)

Error

4.

When you send money to another person through a trusted 3rd party vendor

a)

Person to Person

b)

Payment to Person

c)

Payment to Payment

5.

A Credit Score of 662 is considered what?

a)

Fair

b)

Excellent

c)

Good

d)

Bad

6.

A member of the working class who performs manual work and either earns an hourly wage or is paid piece rate for the amount of work done. Is what type of collar job?

a)

Blue

b)

Scarlet

c)

Red

d)

Yellow

7.

Invest in international companies, new industries in foreign countries, and companies in the world marketplace is known as what?

a)

Global Funds

b)

Index Funds

c)

Balanced Funds

8.

Which Fund is an alternative in which investors pool their money to buy stock, bonds and other investments?

a)

Mutual Fund

b)

Bond Fund

c)

Growth Fund

9.

A person who holds the vast amount of stock in a company is known as what?

a)

CEO

b)

CFO

c)

Primary Shareholder

d)

Top Shareholder

10.

Which of the Following is considered a Charity?

a)

The Epilepsy Foundation

b)

North Western Medicine

c)

Swedish American

d)

Federal Park District

11.

The term Red Collar is a person who works for the what?

a)

Local Cafe

b)

The Government

c)

Book Publishing

12.

If you were going to use a type of Electronic Filing System in Google. Which of the following would be the best way to do this?

a)

Color Coding and Name your Sub Folders for Files

b)

Putting all of your documents in one Folder and leaving them as Unnamed

c)

Keeping them all in their own color coded sub folders and making them public

d)

Putting them in a fire proof filing cabinet and using Dictionary Order

13.

If you are using Horizontal Management then you have a: CEO, Assistant Manager and Administrative Assistant.

a)

True

b)

False

14.

The Exchanged-traded fund is known as what?

a)

IOP

b)

ETF

c)

UHF

d)

IPO

e)

ARP

15.

Who is this?

a)

Top Cat

b)

Benny

c)

Brain

d)

Choo-Choo

e)

Fancy Fancy