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Financial Vocabulary
Test Description: Let's review the vocabulary studied during the last two units.
Instructions: Answer all questions to get your test result.
1) What you spend
A
Expenses
B
Appreciation
C
Revenue
D
Bond
2) Something you own that has value
A
Gross income
B
Net income
C
Asset
D
Equity
3) Something you owe for
A
Depreciation
B
Liability
C
Bond
D
Appreciation
4) Ownership in a company
A
Equity
B
Cash flow
C
Asset
D
Vesting
5) What you earn
A
Revenue
B
IPO
C
Expenses
D
Bond
6) Initial Public offering, selling part of your company on the stock market in exchange for investment capital in your business
A
IPO
B
Bond
C
Cash flow
D
Vesting
7) Something you own that is going down in value
A
Option pool
B
Appreciating asset
C
Depreciating asset
D
Income statement
8) Something you own that is going up in value
A
Depreciating asset
B
Appreciating asset
C
IPO
D
Equity
9) The in and out of money to or from your business
A
Net profit
B
Cash flow
C
Asset
D
Gross margin
10) A financial statement that keeps track of assets, liabilities and owners' equity
A
Option pool
B
Vesting
C
Balance sheet
D
IPO
*select an answer for all questions
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