The Big Quiz On Business Terms

15 Questions | By Thames | Updated: Feb 16, 2023 | Attempts: 114

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A fun quiz to test your knowledge on Business Terms

Questions and Answers

1.

If a company operates their accounting from July 1 to June 30, that is called their what?
- A.
  
  Second Quarter
- B.
  
  Index Year Ago
- C.
  
  First Quarter Earnings
- D.
  
  Fiscal Year
2.

In the business world, what does ROI mean?
- A.
  
  Revenues Over Inflation
- B.
  
  Rate Of Increase
- C.
  
  Rank Of Investment
- D.
  
  Return On Investment
3.

What is it called when price movement moves opposite of previous trend?
- A.
  
  Bad News
- B.
  
  Profit Loss
- C.
  
  Retracement
- D.
  
  Profit Margin Increase
4.

If you retire a debt, what have you done?
- A.
  
  Kept It For 64 Years
- B.
  
  Refused To Pay
- C.
  
  Paid It Off Somehow
- D.
  
  Put It On Auto-Payment
5.

A company (or division) that generates a steady and significant amount of cash flow is called what?
- A.
  
  Bullseye
- B.
  
  Cash Cow
- C.
  
  Junk Bond
- D.
  
  Piggy Bank
6.

What is retail credit used for by consumers?
- A.
  
  To Buy Goods And Services
- B.
  
  So They Can Have A Gold Card
- C.
  
  To Keep Banks In Business
- D.
  
  To Make Them Go Deeper In Debt
7.

What does a company pay to its shareholders when it is showing a profit?
- A.
  
  Depreciation
- B.
  
  Dividend
- C.
  
  Capital Gain
- D.
  
  Promissory Note
8.

What type of covenant places constraints on borrowers?
- A.
  
  No Questions Asked
- B.
  
  Restrictive
- C.
  
  Open Ended
- D.
  
  Flexible
9.

Net income for a company is reflected in what?
- A.
  
  Expenses
- B.
  
  Operating Expenses
- C.
  
  Earnings
- D.
  
  Debt
10.

What does replacement cost mean?
- A.
  
  Cost Value
- B.
  
  Cost To Replace Firm's Assets
- C.
  
  Bargaining Differences
- D.
  
  Cost After Taxation
11.

The environment in which a firm expects to reside over the life of the financial plan is what?
- A.
  
  Feasibility
- B.
  
  Costs Of Goods
- C.
  
  Percentage Yield
- D.
  
  Economic Assumption
12.

Information exchanged electronically from one firm's computer to another is termed what?
- A.
  
  Automatic Clearing House
- B.
  
  Electronic Data Interchange
- C.
  
  Data Cover
- D.
  
  BISI-P
13.

REIT deals with investments in what?
- A.
  
  Real Estate
- B.
  
  Farm Products Like Potatoes
- C.
  
  Money Market
- D.
  
  Rio's End Street
14.

What type of retirement options do companies typically offer employees?
- A.
  
  Pell Grant
- B.
  
  401(k)
- C.
  
  401(c)3
- D.
  
  Cafeteria Plan
15.

If something is refundable, it means it's eligible for a what?
- A.
  
  Bond
- B.
  
  Refund
- C.
  
  Profit
- D.
  
  High Interest Gain