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