Business: What´s it all about?

Beschreibung

Vocabulary # 1
FELIPE GUARDIA
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Zusammenfassung der Ressource

Frage 1

Frage
is a special legal form for a business in which the business is a legal entity separate from the owners. A corporation may have a single owner or a large number of owners.
Antworten
  • Financial Services
  • A corporation
  • A partnership
  • A manufacturing

Frage 2

Frage
is the name for the resources used to start and run a business.
Antworten
  • A not for profit firm
  • Net income
  • A for profit firm
  • Capital

Frage 3

Frage
is a marketplace where buyers and sellers exchange their shares of stock. Buying and selling shares of stock can also be done on the internet.
Antworten
  • A stock exchange
  • Contributed capital
  • Revenue
  • Expenses

Frage 4

Frage
are the earnings of a corporation distributes to the owners of the corporation
Antworten
  • Shareholders
  • Dividends
  • Stock Market
  • Corporation

Frage 5

Frage
equals all revenues minus all expenses for a specific period of time
Antworten
  • GAAP
  • Financial Services
  • Net income
  • Interest

Frage 6

Frage
are the owners of the corporation.
Antworten
  • Shares of common stock
  • Stock market
  • SEC
  • Stockholders

Frage 7

Frage
is an owner´s investment in a company.
Antworten
  • Shareholders
  • Contributed capital
  • Principal of a loan
  • interest

Frage 8

Frage
is the amount of money borrowed.
Antworten
  • The principal of a loan
  • The interest
  • Revenue
  • Expenses

Frage 9

Frage
makes the goods it sells.
Antworten
  • A partnership
  • A sole proprietorship
  • Merchandising company
  • A manufacturing company

Frage 10

Frage
23. [blank_start]Generally accepted accounting principles[blank_end] are the guidelines for financial reporting.
Antworten
  • Generally accepted accounting principles
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