Business Terms Trivia

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| By Thames

Thames

Community Contributor

Quizzes Created: 2572 | Total Attempts: 9,180,132

Questions: 15 | Attempts: 122 | Updated: Mar 21, 2022

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Do you know enough about Business Terms? Take this quiz and find out

Questions and Answers

1.

In accounting terms, how long is "long term" considered to be?
- A.
  
  One Year Or More
- B.
  
  Six Months
- C.
  
  Three Months
- D.
  
  Ten Years
Correct Answer
A. One Year Or More
2.

In financial terms, what is a CD?
- A.
  
  Calculation Of Debt
- B.
  
  Certificate Of Deposit
- C.
  
  Collection Of Debt
- D.
  
  Calculated Overstock Demand
Correct Answer
B. Certificate Of Deposit
3.

A cost that fluctuates is known as a what?
- A.
  
  Variable Cost
- B.
  
  Underwrite Cost
- C.
  
  Fixed Cost
- D.
  
  Annuity Cost
Correct Answer
A. Variable Cost
4.

What sort of capital is sought for promising new companies?
- A.
  
  High Interest Capital Loans
- B.
  
  Venture Capital
- C.
  
  Weighted Capital
- D.
  
  Merger Capital
Correct Answer
B. Venture Capital
5.

What are stocks traded on an exchange called?
- A.
  
  Municipal
- B.
  
  Long
- C.
  
  Loaded
- D.
  
  Listed
Correct Answer
D. Listed
6.

Bid and asked prices are quoted in what kind of trade market?
- A.
  
  Bull
- B.
  
  Two-Sided
- C.
  
  Unsecured
- D.
  
  Shark
Correct Answer
B. Two-Sided
7.

What does a liquid asset easily and cheaply turn into?
- A.
  
  Checks
- B.
  
  Cash
- C.
  
  IRAs
- D.
  
  Bonds
Correct Answer
B. Cash
8.

The general direction of the market is known as a what?
- A.
  
  Secure Market
- B.
  
  Bull Market
- C.
  
  Treasury Rift
- D.
  
  Trend
Correct Answer
D. Trend
9.

What does the term P&L stand for?
- A.
  
  Portfolio Loan
- B.
  
  Performance Lease
- C.
  
  Peak And Low
- D.
  
  Profit And Loss
Correct Answer
D. Profit And Loss
10.

What is shared ownership among two or more individuals?
- A.
  
  Participation
- B.
  
  Partnership
- C.
  
  Shareholding
- D.
  
  Plan Sponsoring
Correct Answer
B. Partnership
11.

Buying and selling securities is called what?
- A.
  
  Capital Gain
- B.
  
  Trading
- C.
  
  Financial Fun
- D.
  
  Promotions
Correct Answer
B. Trading
12.

Where on the trading floor does the trading of commodities take place?
- A.
  
  Pit
- B.
  
  Block House
- C.
  
  Block Trade
- D.
  
  Back Office
Correct Answer
A. Pit
13.

Trade credit is given to a firm for what purpose?
- A.
  
  Purchase Goods And Services
- B.
  
  Settle Debts
- C.
  
  Help You Find A Job
- D.
  
  Advertise For You
Correct Answer
A. Purchase Goods And Services
14.

What does an open agreement lack?
- A.
  
  Sale
- B.
  
  Formal Debt Contract
- C.
  
  Receipt
- D.
  
  Record Of Sale
Correct Answer
B. Formal Debt Contract
15.

What are the conditions of sell called?
- A.
  
  Go-Ahead
- B.
  
  Collective Debt
- C.
  
  Purchase Price
- D.
  
  Terms Of Sale
Correct Answer
D. Terms Of Sale

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Current Version
Mar 21, 2022

Quiz Edited by
ProProfs Editorial Team
Mar 16, 2015

Quiz Created by
Thames

Business Terms Trivia

In accounting terms, how long is "long term" considered to be?

In financial terms, what is a CD?

A cost that fluctuates is known as a what?

What sort of capital is sought for promising new companies?

What are stocks traded on an exchange called?

Bid and asked prices are quoted in what kind of trade market?

What does a liquid asset easily and cheaply turn into?

The general direction of the market is known as a what?

What does the term P&L stand for?

What is shared ownership among two or more individuals?

Buying and selling securities is called what?

Where on the trading floor does the trading of commodities take place?

Trade credit is given to a firm for what purpose?

What does an open agreement lack?

What are the conditions of sell called?