Business Terms Beginner Quiz 4
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Quiz 4
1. What is the increase in size, scale, or value of a business over time?
Growth
Profit
Revenue
2. What is physical currency, such as coins and banknotes?
Credit
Cash
Capital
3. What is a written order to a bank to pay a specific amount of money from an account?
Receipt
Loan
Check
4. What describes the activity of managing tasks and resources to achieve a specific outcome?
Organizing
Marketing
Accounting
5. What is the process of examining financial records to ensure accuracy and compliance?
Investing
Auditing
Planning
6. What is a document that outlines a company's goals and how it intends to achieve them?
Policy
Budget
Business plan
7. What is a name, term, design, or symbol that identifies a product and distinguishes it from competitors?
Brand
Logo
Trademark
8. What is the activity of promoting and selling products or services?
Operations
Marketing
Management
9. What describes a business that is owned and operated by one person?
Corporation
Partnership
Sole proprietorship
10. What is a legal entity that is separate from its owners?
Corporation
Partnership
Sole proprietorship
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