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Financial Mgt. Basics

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Income from your Job/employment.

a)

Expense

b)

Liability

c)

Salary

d)

Asset

2.

Something you own that takes money out your pocket.

a)

Liability

b)

Expense

c)

Cash-Flow

d)

Asset

3.

An item or service that takes money out of your pocket.

a)

Expense

b)

Liability

c)

Asset

d)

Salary

4.

Something that puts money in your pocket.

a)

Expense

b)

Salary

c)

Liability

d)

Asset

5.

A report card measuring the direction of your wealth.

a)

Financial Statement

b)

Cash-flow

c)

Asset

d)

Liability

6.

A stream of income that builds itself overtime.

a)

Cash-Flow

b)

Asset

c)

Financial Statement

d)

Liability

7.
a)

Asset

b)

Liability

8.
a)

Asset

b)

Liability

9.
a)

Asset

b)

Expense

c)

Liability

d)

Cash-flow

10.
a)

Asset

b)

Liability

c)

Expense

d)

Cash-flow

11.
a)

Asset

b)

Liability

c)

Expense

12.

Small Business

a)

Asset

b)

Expense

c)

Liability

13.

Assets produce.....

a)

Happiness

b)

Food

c)

Energy

d)

Cash-Flow

14.

Liabilities produce....

a)

Cash-flow

b)

Expenses

c)

Stress

d)

Trash

15.
a)

Real Estate Property

b)

Intellectual Property

16.
a)

Real Estate Property

b)

Intellectual Property

17.
a)

Commercial Real Estate

b)

Residential Real Estate

18.
a)

Commercial Real Estate

b)

Residential Real Estate

19.
a)

Commercial Real Estate

b)

Residential Real Estate

c)

Industrial Real Estate

d)

Agricultural Real Estate

20.
a)

Commercial Real Estate

b)

Residential Real Estate

c)

Industrial Real Estate

d)

Agricultural Real Estate

21.

Crops and Farming Property

a)

Residential Real Estate

b)

Commercial Real Estate

c)

Agricultural Real Estate

d)

Industrial Real Estate

22.

Housing and Apartment properties.

a)

Residential Real Estate

b)

Commercial Real Estate

c)

Agricultural Real Estate

d)

Industrial Real Estate

23.

Malls, Hotels and Businesses properties.

a)

Residential Real Estate

b)

Commercial Real Estate

c)

Agricultural Real Estate

d)

Industrial Real Estate

24.

Manufacturing, Production and Storage properties.

a)

Residential Real Estate

b)

Commercial Real Estate

c)

Agricultural Real Estate

d)

Industrial Real Estate

25.

A creation of the mind valued by the market.

a)

Real Estate Property

b)

Intellectual Property