Business Terms Trivia: MCQ Quiz!

20 Questions | Total Attempts: 123

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Business Terms Trivia: MCQ Quiz!

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Questions and Answers
  • 1. 
    What type of business would Procter & Gamble, or Kraft be categorized as?
    • A. 

      Advertising Agency

    • B. 

      Utilities

    • C. 

      Industrial Engineering

    • D. 

      Consumer Products Group

  • 2. 
    The tendency toward a worldwide investment environment is termed as what?
    • A. 

      Freddie Mac

    • B. 

      Commercial Underwriting

    • C. 

      Globalization

    • D. 

      Mutual Funds

  • 3. 
    Profit earned before expenses are taken into consideration, is what type of profit?
    • A. 

      After-tax

    • B. 

      Gross

    • C. 

      Net

    • D. 

      Deductible

  • 4. 
    Invoices or bills sent to a company to be paid, are directed to what department?
    • A. 

      Accounts Receivable

    • B. 

      Customer Service

    • C. 

      Accounts Payable

    • D. 

      Treasury

  • 5. 
    What type of educational financial aid does not have to be paid back?
    • A. 

      Stafford Loan

    • B. 

      Sallie Mae Loan

    • C. 

      Credit Card

    • D. 

      Grant

  • 6. 
    A transaction that reduces the risk of investment shares its name with what plant?
    • A. 

      Hedge

    • B. 

      Bush

    • C. 

      Fern

    • D. 

      Fir

  • 7. 
    What is the three-letter term for payment that is later than expected or required?
    • A. 

      Lag

    • B. 

      Lug

    • C. 

      Leg

    • D. 

      Log

  • 8. 
    A corporation that owns enough voting stock in another firm to control management becomes it's what?
    • A. 

      Grandfather Clause

    • B. 

      Merger

    • C. 

      Stock Of Record

    • D. 

      Holding Company

  • 9. 
    In the U.S., whose rules govern the keeping of corporate tax books?
    • A. 

      NATO

    • B. 

      IMAX

    • C. 

      Commodity Sites

    • D. 

      IRS

  • 10. 
    The value of a company's employees is sometimes referred to as what?
    • A. 

      Bond Equity

    • B. 

      Human Capital

    • C. 

      Pyramid Scheme

    • D. 

      Hurdle Rate

  • 11. 
    What is the act of returning state-owned or state-run companies back to the private sector?
    • A. 

      Private Placement

    • B. 

      PEFCO

    • C. 

      Probability Function

    • D. 

      Privatization

  • 12. 
    Countries with lower taxes are known as what?
    • A. 

      Tax Shields

    • B. 

      Merger Specialists

    • C. 

      Tax Havens

    • D. 

      Illegal Everywhere

  • 13. 
    Your taxable income is your gross income minus what?
    • A. 

      How Much You Spend

    • B. 

      Deductions

    • C. 

      Promotion Costs

    • D. 

      Miles You Drive

  • 14. 
    What is the relative likelihood of a particular outcome among all possible outcomes?
    • A. 

      Net Advantage

    • B. 

      Offset

    • C. 

      Possibility

    • D. 

      Probability

  • 15. 
    An entry-level position abbreviated as Adm. Asst. would be what?
    • A. 

      Advertising Agency

    • B. 

      Admissions Assistant

    • C. 

      Administrative Asset

    • D. 

      Administrative Assistant

  • 16. 
    If you tender an offer, you do what?
    • A. 

      Make A Very Low Offer

    • B. 

      Withdraw An Offer

    • C. 

      Add Restrictions To Offer

    • D. 

      Make An Offer

  • 17. 
    What legal document is needed to establish a corporation's structure and purpose?
    • A. 

      Articles Of Incorporation

    • B. 

      Procurement Provision

    • C. 

      Lessee Agreement

    • D. 

      By-law

  • 18. 
    In multicurrency loans, the borrower can draw a loan in different kinds of what?
    • A. 

      Currencies

    • B. 

      Dollars

    • C. 

      Euros

    • D. 

      Countries

  • 19. 
    Vacation days, sick days, and personal days are sometimes lumped together as PTO, which means what?
    • A. 

      Principle Team Office

    • B. 

      Paid Time Off

    • C. 

      Personal Days

    • D. 

      Play Today Okay?

  • 20. 
    When a company files Chapter 11, it is doing what?
    • A. 

      Declaring Bankruptcy

    • B. 

      Publishing A Handbook

    • C. 

      Storing Old Files

    • D. 

      Doing An Internal Audit

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