Trivia On Business Terms: Ultimate Quiz!

14 Questions | Total Attempts: 116

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Trivia On Business Terms: Ultimate Quiz! - Quiz

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Questions and Answers
  • 1. 
    What term is used to describe one company purchasing the assets of another company?
    • A. 

      Return On Investment

    • B. 

      Consolidation

    • C. 

      Divestiture

    • D. 

      Acquisition Of Assets

  • 2. 
    What acronym is used to refer to adjustable-rate preferred stock?
    • A. 

      ARPS

    • B. 

      ADJRATE

    • C. 

      ARM

    • D. 

      PREF

  • 3. 
    Submitted invoices for mileage reimbursement, meals, and cab fare are classified as what?
    • A. 

      Human Resources

    • B. 

      General Ledger

    • C. 

      Expenses

    • D. 

      Portfolio

  • 4. 
    What evidence does a firm hold to show its own goods stored in a warehouse?
    • A. 

      Warehouse Contract

    • B. 

      Warehouse Closure

    • C. 

      Warehouse Receipt

    • D. 

      Warehouse Document

  • 5. 
    What is the daily number of shares of a security that changes hands between a buyer and a seller called?
    • A. 

      Vanilla Issue

    • B. 

      Variation

    • C. 

      Volume

    • D. 

      Visible Supply

  • 6. 
    Non-payment of mortgage results in what action was taken by the bank?
    • A. 

      Foreclosure

    • B. 

      Audit

    • C. 

      Tax Increments

    • D. 

      Commission

  • 7. 
    Who earns a commission in a stock transaction?
    • A. 

      Broker

    • B. 

      Real Estate Agent

    • C. 

      Financial Analyst

    • D. 

      Loan Officer

  • 8. 
    What does "WACC" mean in financial terms?
    • A. 

      Watched Annual Capital Compilation

    • B. 

      Weighted Average Cost Of Capital

    • C. 

      World Annuity Capital Corporation

    • D. 

      Wanted Annual Capital Compilation

  • 9. 
    What do Wall Street firms do?
    • A. 

      Print Paper Money

    • B. 

      Establish Business Ventures

    • C. 

      Buy And Sell Securities

    • D. 

      Determine Cost Of Products

  • 10. 
    What does a warehouse receipt provide in financial terms?
    • A. 

      Evidence Of Ownership Of Goods

    • B. 

      Key To The City Bank

    • C. 

      Storage For Business Machines

    • D. 

      Ownership Of Building

  • 11. 
    If something is a wash, what does that mean?
    • A. 

      Cheap Stock

    • B. 

      It Is A Total Gain

    • C. 

      It Is A Total Loss

    • D. 

      Gain Equals Losses

  • 12. 
    What is the release of information before the official public announcement?
    • A. 

      Slander

    • B. 

      Lead

    • C. 

      Bribery

    • D. 

      Leakage

  • 13. 
    What is a long-term rental agreement?
    • A. 

      Margin

    • B. 

      Lender

    • C. 

      Annuity

    • D. 

      Lease

  • 14. 
    In what state is Wall Street located?
    • A. 

      Illinois

    • B. 

      New York

    • C. 

      Georgia

    • D. 

      California

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