Business Buzzwords Beware—This Business Terms Trivia Is Brutal
1.
What term is used to describe one company purchasing the assets of another company?
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Answer:
Acquisition Of Assets
2.
What acronym is used to refer to adjustable rate preferred stock?
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Answer:
ARPS
3.
Submitted invoices for mileage reimbursement, meals, and cab fare are classified as what?
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Answer:
Expenses
4.
What evidence does a firm hold to show they own goods stored in a warehouse?
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Answer:
Warehouse Receipt
5.
What is the daily number of shares of a security that change hands between a buyer and a seller called?
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Answer:
Volume
6.
Non-payment of a mortgage results in what action taken by the bank?
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Answer:
Foreclosure
7.
Who earns a commission in a stock transaction?
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Answer:
Broker
8.
What does "WACC" mean in financial terms?
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Answer:
Weighted Average Cost Of Capital
9.
What do Wall Street firms do?
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Answer:
Buy And Sell Securities
10.
What does a warehouse receipt provide in financial terms?
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Answer:
Evidence Of Ownership Of Goods
11.
If something is a wash, what does that mean?
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Answer:
Gain Equals Losses
12.
What is the release of information before official public announcement?
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Answer:
Leakage
13.
What is a long-term rental agreement?
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Answer:
Lease
14.
In what state is Wall Street located?
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Answer:
New York
15.
In accounting terms, how long is "long term" considered to be?
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Answer:
One Year Or More
16.
In financial terms, what is a CD?
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Answer:
Certificate Of Deposit
17.
A cost that fluctuates is known as a what?
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Answer:
Variable Cost
18.
What sort of capital is sought for promising new companies?
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Answer:
Venture Capital
19.
What are stocks traded on an exchange called?
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Answer:
Listed
20.
Bid and asked prices are quoted in what kind of trade market?
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Answer:
Two-Sided
21.
What does a liquid asset easily and cheaply turn into?
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Answer:
Cash
22.
The general direction of the market is known as a what?
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Answer:
Trend
23.
What does the term P&L stand for?
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Answer:
Profit And Loss
24.
What is shared ownership among two or more individuals?
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Answer:
Partnership
25.
Buying and selling securities is called what?
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Answer:
Trading
26.
Where on the trading floor does the trading of commodities take place?
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Answer:
Pit
27.
Trade credit is given to a firm for what purpose?
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Answer:
Purchase Goods And Services
28.
What does an open agreement lack?
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Answer:
Formal Debt Contract
29.
What are the conditions of sell called?
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Answer:
Terms Of Sale
30.
A firm that's the object of a takeover is called a what?
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Answer:
Target Firm
31.
A group of banks that work together to achieve a goal is called a what?
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Answer:
Syndicate
32.
Structured debt has been what?
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Answer:
Customized For Buyer
33.
What does stockout mean?
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Answer:
Running Out Of Inventory
34.
What name is used for someone who holds shares in a firm?
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Answer:
Stockholder
35.
What is the stock market?
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Answer:
Market For Trading Equities
36.
What acronym refers to the New York Stock Exchange?
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Answer:
NYSE
37.
Someone who holds a financial interest in a firm is called a what?
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Answer:
Stakeholder
38.
Someone who speculates in the market hopes to make a what?
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Answer:
Profit
39.
If you span something in finance, what are you covering?
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Answer:
All Contingencies In A Range
40.
How many people own a sole proprietorship business?
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Answer:
One
41.
What is currency that's expected to drop in value in comparison to others?
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Answer:
Soft Currency
42.
The process of conveying info through a firm's actions is called a what?
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Answer:
Signal
43.
The exchange in Singapore is known as what?
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Answer:
SIMEX
44.
Dow Jones reports what mathematical component?
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Answer:
Average
45.
A financial plan for the upcoming year is called what kind of plan?
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Answer:
Short-Term
46.
What does the abbreviation "Inc." stand for?
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Answer:
Incorporated
47.
Payments that come in to a company fall into what category?
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Answer:
Accounts Receivable
48.
An account that is held by two or more persons or companies, is what type of account?
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Answer:
Joint
49.
A loan that comes due with one last, large payment, is referred to as what type of payment?
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Answer:
Balloon
50.
What does owning a share of stock represent?
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Answer:
Ownership In Corporation
51.
In business, what does "B2B" stand for?
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Answer:
Business To Business
52.
A statement of financial transactions resulting in a summary of assets and liabilities is called what?
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Answer:
Balance Sheet
53.
What determines a shareholder's equity?
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Answer:
Assets Minus Liabilities
54.
When a bank offers to extend money to a customer, it is done with what?
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Answer:
Line Of Credit
55.
When payment is made for a trade, what is that known as?
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Answer:
Settlement
56.
How does a person move funds from one bank account to another?
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Answer:
Bank Wire
57.
In regards to payment, what does seniority mean?
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Answer:
Order Of Repayment
58.
What is a Masters degree in Business Administration commonly called?
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Answer:
MBA
59.
Having a secured debt means you have what?
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Answer:
First Claim On Specific Assets
60.
Which U.S. agency regulates the securities industry?
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Answer:
Securities And Exchange Commission
61.
What color goes with "chip" to describe a large, national company with a solid record of earnings?
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Answer:
Blue
62.
What is the return paid on savings deposits called?
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Answer:
Interest
63.
Where are GL accounts found?
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Answer:
General Ledger
64.
The Samurai market is located where?
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Answer:
Japan
65.
What term refers to the scrap value of plant and equipment?
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Answer:
Salvage Value
66.
What type of loan is issued during the interim between one financial arrangement and another?
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Answer:
Bridge Loan
67.
What type of tax is shown on a W-4 form?
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Answer:
Personal Income Tax
68.
The person who is chosen to receive monies from a trust or insurance policy is named as what?
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Answer:
Beneficiary
69.
The future of a risky asset is what?
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Answer:
Uncertain
70.
What is the common term for the general rising level of prices for goods and services?
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Answer:
Inflation
71.
If insensitive to risk, something is called risk what?
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Answer:
Neutral
72.
Companies protect their patents, research, formulas and knowledge, also known as what?
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Answer:
Intellectual Property
73.
The degree of uncertainty of return is known as the what?
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Answer:
Risk Involved
74.
If a company operates their accounting from July 1 to June 30, that is called their what?
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Answer:
Fiscal Year
75.
In the business world, what does ROI mean?
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Answer:
Return On Investment
76.
What is it called when price movement moves opposite of previous trend?
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Answer:
Retracement
77.
If you retire a debt, what have you done?
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Answer:
Paid It Off Somehow
78.
A company (or division) that generates a steady and significant amount of cash flow is called what?
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Answer:
Cash Cow
79.
What is retail credit used for by consumers?
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Answer:
To Buy Goods And Services
80.
What does a company pay to its shareholders when it is showing a profit?
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Answer:
Dividend
81.
What type of covenant places constraints on borrowers?
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Answer:
Restrictive
82.
Net income for a company is reflected in what?
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Answer:
Earnings
83.
What does replacement cost mean?
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Answer:
Cost To Replace Firm's Assets
84.
The environment in which a firm expects to reside over the life of the financial plan is what?
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Answer:
Economic Assumption
85.
Information exchanged electronically from one firm's computer to another is termed what?
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Answer:
Electronic Data Interchange
86.
REIT deals with investments in what?
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Answer:
Real Estate
87.
What type of retirement options do companies typically offer employees?
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Answer:
401(k)
88.
If something is refundable, it means it's eligible for a what?
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Answer:
Refund
89.
A periodic review of a company's financial transactions is done through what?
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Answer:
Audit
90.
If you have recourse against a company, it means you have a general what?
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Answer:
Claim Against Them
91.
Business standards of conduct are also known as what?
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Answer:
Ethics
92.
What department is usually involved in hiring employees?
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Answer:
Human Resources
93.
Real exchange rates have been adjusted for what between countries?
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Answer:
Inflation
94.
What is meant by a range of prices?
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Answer:
High And Lows Recorded
95.
A contract that prohibits an employee from switching to a competing company, is called what?
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Answer:
Non-competitive Agreement
96.
The price of one country's currency for another country's currency depends on what?
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Answer:
Exchange Rate
97.
A rate lock in mortgages guarantees a specified what for a period of time?
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Answer:
Interest Rate
98.
Allocating the purchase cost of an asset over its lifetime, takes what into consideration?
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Answer:
Depreciation
99.
A building and equipment would be considered what type of asset?
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Answer:
Real
100.
What type of contract is used between a landlord and a renter?
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Answer:
Lease
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