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Ajax finance vocab quiz for 15.05

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What does it mean to 'cut costs'?

a)

Spend more money

b)

Reduce expenses

c)

Increase investment

d)

Save files

2.

If a company is 'in the red', it means:

a)

It is making a profit

b)

It is popular

c)

It is losing money

d)

It is well-known

3.

To 'break even' means:

a)

To split money evenly

b)

To earn no profit but also no loss

c)

To go bankrupt

d)

To balance sheets

4.

If someone is a 'big spender', they usually:

a)

Save a lot

b)

Spend very little

c)

Spend a lot

d)

Invest wisely

5.

What is 'a budget deficit'?

a)

Extra money

b)

Equal income and expenses

c)

Spending more than you earn

d)

Saving everything

6.

To 'boost sales' means:

a)

Lower prices

b)

Increase sales

c)

Stop selling

d)

Cancel products

7.

What does 'interest rate' refer to?

a)

The cost of borrowing money

b)

The speed of a loan

c)

The size of your income

d)

The value of assets

8.

'Assets' are:

a)

Debts you owe

b)

Things you own of value

c)

Expenses

d)

Taxes

9.

'Return on investment' means:

a)

A refund

b)

Profit from your investment

c)

Investment cost

d)

A lost cause

10.

A 'savings account' is:

a)

Used for borrowing

b)

Used for investing in stocks

c)

A bank account to save money

d)

An account with no use

11.

To 'go bankrupt' means:

a)

To save money

b)

To start a business

c)

To run out of money and close business

d)

To pay off all debts

12.

'Revenue' is:

a)

All costs

b)

Total income from sales

c)

Profits only

d)

Taxes

13.

A company's 'overheads' are:

a)

Things on the ceiling

b)

Fixed costs like rent and electricity

c)

Salaries only

d)

Bonuses

14.

To 'pay off a loan' means:

a)

Delay payments

b)

Borrow more money

c)

Finish repaying borrowed money

d)

Skip payments

15.

A 'cash flow problem' means:

a)

Too much money coming in

b)

Balanced income and expenses

c)

Not enough cash to pay bills

d)

No financial activity