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Business Career Cluster Vocabulary Test

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

The person with the big idea who starts a business and takes on risk to bring that idea to life.

a)
entrepreneurship
b)
accounting
c)
investor
d)
expense
2.

The person who organizes the team, tasks, and daily operations to make sure the business plan runs smoothly.

a)

Business Management

b)

business

c)

accounting

d)

entrepreneurship

3.

The person who tracks all the money coming in to a business and going out to see if the business is making money.

a)

accounting

b)

entrepreneurship

c)

business management

d)

investor

4.

The person who tells the business's story, finds customers, and persuades them to buy the product or service.

a)

marketing and sales

b)

accounting

c)

business management

d)

revenue

5.

The specific group of people a company aims to sell its products or services to.

a)

target market

b)

business plan

c)

startup

d)

profit

6.

A brand new company or business venture that is in the very early stages of development.

a)

startup

b)

expense

c)

target market

d)

investor

7.

The total amount of money a business makes from all its sales before any expenses are subtracted.

a)

revenue

b)

expense

c)

profit

d)

investor

8.

The money a business has left over after subtracting all of its expenses (like supplies and salaries) from its revenue.

a)

profit

b)

expense

c)

revenue

d)

investor

9.

The ordinary and necessary costs a company incurs to operate and generate revenue to pay things like rent, payroll, and utilities.

a)

expense

b)

profit

c)

revenue

d)

money

10.

A person who puts money into a business to help it grow, hoping to get more money back later

a)

investor

b)

accounting

c)

entrepreneurship

d)

profit

11.

A plan that helps entrepreneurs organize their business idea by outlining their goals, what they will sell, how they will attract customers, and how they will make money.

a)

business plan

b)

business management

c)

entrepeneurship

d)

accounting