Free Printable Vocabulary Set 3

1.

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

period

a)

Budget

b)

Acquisition Cost

c)

Break-even point

d)

Burn Rate

2.

The amount of money owed to an entity.

a)

Profit

b)

Equity

c)

Liability

d)

Operating Costs

3.

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

a)

Equity

b)

Fixed Costs

c)

Income Statement

d)

Burn Rate

4.

Fluctuating (changing) costs that a business has depending on

production.

a)

fixed costs

b)

variable costs

c)

budget

d)

break-even point

5.

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

performance.

a)

Run Rate

b)

Budget

c)

Income Statment

d)

Asset

6.

Cost incurred by a business.

a)

Asset

b)

Equity

c)

Acquisition Cost

d)

Liability

7.

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.

a)

break-even point

b)

profit

c)

run rate

d)

selling price

8.

A document that compares assets to liabilities plus owner’s equity.

a)

Income statement

b)

Balance sheet

c)

Operating Costs

d)

SWOT Analysis

9.

The amount of financial gain from a business.

a)

Revenue

b)

Profit

c)

Liability

d)

Equity

10.

A calculation used to determine how much an investment is making.

a)

Revenue

b)

Operating Costs

c)

break-even pnt

d)

Return on Investment

11.

The number of sales and other income in a business for a given

period.

a)

Variable costs

b)

Operating costs

c)

Revenue

d)

Income statement

12.

A tangible item a business owns

a)

Asset

b)

Acquisition Cost

c)

Equity

d)

Liability

13.

A planning tool used to document a company’s strengths,

weaknesses, opportunities, and threats.

a)

Income Statement

b)

Equity Sheet

c)

SWOT Analysis

d)

Balance Sheet

14.

Costs a business has that remain the same no matter the volume of

production.

a)

Variable costs

b)

Balanced Assets

c)

Fixed Costs

d)

Revenue

15.

Ownership

a)

Equity

b)

Investment

c)

Asset

d)

Liability

16.

The point where a business’s revenue matches its expenses over a

given period.

a)

Burn Rate

b)

Break-even point

c)

Run Rate

d)

Operating Costs

17.

A financial statement that details a business’s revenue and expenses

for a given period.

a)

Balance Sheet

b)

SWOT Analysis

c)

Budget

d)

Income Statement

18.

The expenses incurred for running day-to-day tasks in a business.

a)

Profit

b)

Expenses

c)

Operating Costs

d)

Return on Investment

19.

A creative work or invention to which an individual has been given rights.

a)

Confidentiality Agreement

b)

Patent

c)

Intellectual Property

d)

Royalty Fees

20.

A practice used to protect brand names, logos, and business names.

a)

Trademark

b)

Trade Secret

c)

Confidentiality Agreement

d)

Copyright

21.

A legal method used to protect an invention for a limited time.

a)

Trademark

b)

Copyright

c)

Intellectual Property

d)

Patent

22.

A signed agreement stating that an entity will not disclose information agreed upon by all parties in an arrangement.

a)

Patent

b)

Trade Secret

c)

Confidentiality Agreement

d)

Patent

23.

Money paid for the use of a brand name or image.

a)

Royalty Fees

b)

Taxes

c)

Revenue

d)

Copyright

24.

A form of protection individuals can have to protect their intellectual property- print, music, film, other creative work.

a)

Intellectual Property

b)

Patent

c)

Copyright

d)

Trademark

25.

A practice used by businesses to protect a practice, process, or formula from being shared with other competitors.

a)

Trade Secret

b)

Confidentiality Agreement

c)

Royalty Fees

d)

Patent

Vocabulary Set 3

Total questions: 25

Worksheet time: 13mins

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