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WorksheetsBusiness Vocabulary Terms 1: Items 1-8
Total questions: 17
Worksheet time: 9mins
Which term describes a record of financial expenditure or receipts for a specific period or purpose?
Application
Advertising
Account
Agenda
A list of subjects to be discussed at a meeting is called what?
Asset
Agenda
Balance sheet
Bank statement
Which term refers to producing promotional messages for commercial products or services?
Application
Asset
Bankrupt
Advertising
A formal, usually written, request for something or permission to do something is a(n) ________.
Asset
Agenda
Account
Application
Which items belong to a business and have value or the power to earn money?
Accounts
Agendas
Assets
Applications
Which document shows a company’s financial position and wealth at a particular time?
Advertising plan
Account record
Balance sheet
Bank statement
Someone judged by a court to be unable to pay their debts, with affairs handled until debts are settled, is ________.
Account manager
Asset holder
Bankrupt
Advertiser
Information sent regularly by a bank showing money moving into and out of an account over a period is a ________.
Agenda
Application
Balance sheet
Bank statement
Which term best describes an offer to purchase, such as in a takeover, or the price proposed?
Brand identity name for recognition
Bid offer to buy or price proposed
Budget estimate of income and costs
Broker agent trading assets for clients
A name given to a product or group of products by a company for easy recognition is called a:
Broker
Capital
Brand
Commission
Which role buys and sells shares, currencies, property, or insurance on behalf of others?
Commission fee paid per sale
Budget planning cash limits
Brand managing product names
Broker facilitating client trades
Select all statements that correctly define budgeting.
Estimating income and expenditure for a period
Naming products for market recognition
Writing objectives and strategies for a venture
Tracking money inflows and outflows timing
Brainstorming most accurately refers to:
Spontaneous group idea generation
Formal capital contribution record
Legal bid submission documentation
Calculated commission percentage schedule
Which document sets out future objectives and strategies for a business?
Budget projecting income and expenses
Capital register of contributed assets
Business plan outlining goals and strategies
Broker agreement for client transactions
Identify all options that correctly relate to capital.
Money used for starting a company or investing
Spontaneous meeting to generate new ideas
Wealth in money or assets owned or contributed
Fee paid to an agent based on sales value
Cash flow focuses on which aspect of company finances?
Projected brand awareness levels
Total wealth held by owners
Timing of money entering and leaving
Fixed fees charged per transaction
Which statements describe commission payments? Select all that apply.
Brokerage earnings linked to sales value
Amount paid according to value sold
Document of strategies for future growth
Ownership of assets for investment use
