Business: What´s it all about?

Question 1 of 10

3

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.

Select one of the following:

Financial Services
A corporation
A partnership
A manufacturing

Explanation

Question 2 of 10

3

is the name for the resources used to start and run a business.

Select one of the following:

A not for profit firm
Net income
A for profit firm
Capital

Explanation

Question 3 of 10

3

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.

Select one of the following:

A stock exchange
Contributed capital
Revenue
Expenses

Explanation

Question 4 of 10

3

are the earnings of a corporation distributes to the owners of the corporation

Select one of the following:

Shareholders
Dividends
Stock Market
Corporation

Explanation

Question 5 of 10

3

equals all revenues minus all expenses for a specific period of time

Select one of the following:

GAAP
Financial Services
Net income
Interest

Explanation

Question 6 of 10

3

are the owners of the corporation.

Select one of the following:

Shares of common stock
Stock market
SEC
Stockholders

Explanation

Question 7 of 10

3

is an owner´s investment in a company.

Select one of the following:

Shareholders
Contributed capital
Principal of a loan
interest

Explanation

Question 8 of 10

3

is the amount of money borrowed.

Select one of the following:

The principal of a loan
The interest
Revenue
Expenses

Explanation

Question 9 of 10

3

makes the goods it sells.

Select one of the following:

A partnership
A sole proprietorship
Merchandising company
A manufacturing company

Explanation

Question 10 of 10

3

	Created by FELIPE GUARDIA almost 6 years ago

Vocabulary # 1

Business: What´s it all about?

Question 1 of 10

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.

Select one of the following:

Explanation

Question 2 of 10

is the name for the resources used to start and run a business.

Select one of the following:

Explanation

Question 3 of 10

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.

Select one of the following:

Explanation

Question 4 of 10

are the earnings of a corporation distributes to the owners of the corporation

Select one of the following:

Explanation

Question 5 of 10

equals all revenues minus all expenses for a specific period of time

Select one of the following:

Explanation

Question 6 of 10

are the owners of the corporation.

Select one of the following:

Explanation

Question 7 of 10

is an owner´s investment in a company.

Select one of the following:

Explanation

Question 8 of 10

is the amount of money borrowed.

Select one of the following:

Explanation

Question 9 of 10

makes the goods it sells.

Select one of the following:

Explanation

Question 10 of 10

Fill the blank space to complete the text.

23. are the guidelines for financial reporting.

Explanation