Business Concepts

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Quiz by moda
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Last updated: November 24, 2020
First submittedNovember 24, 2020
Times taken15
Average score73.3%
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1. A term for matters regarding the management, creation, and study of money and investments
Marketing
Finance
Audit
Business administration
2. Refers to factors that allow a company to produce goods or services better or more cheaply than its rivals
Currency
Oligopoly
Monopoly
Competitive advantage
3. A branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.
Advance economic
Macroeconomic
Microeconomics
Internal economic
4. The value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore
Money value
Price
Cost
Profit
5. Generally defined as a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date
Debit
Contract
Credit
Trial balance
6. The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
GPB
GBB
GNP
GDP
7. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user
Bitcoins
Money
Changes
Monitory
8. A place or area that current businesses aren't serving.
Non controlling interest
Gap
Market map
Disadvantage marketing.
9. Examination and evaluation of a firm's or individual's financial records to derive evidence that can be used in a court of law
Auditing
Forensic audit
Internal audit
External audit.
10. Accounting document that records a business transaction
Official stamps
Paper
Book
Sales invoice
11. Is the process of advertising any kind of good or service to potential consumers via digital strategies
Promotion.
Online Marketing
Startegic Marketing
International Market.
12. Overall process of identifying, attracting, screening, shortlisting, and interviewing, suitable candidates
HR
Lay up
Recruitment.
Promoted
13. Is the merger and acquisition of many smaller companies into a few much larger ones.
Subsidiary
Consolidation
Parent company
Grouping
14. Legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective.
Group
Company
Association
Scout
15. A company's core financial statements that shows their profit and lossProfit and Loss Statement
Trial Balance
Statement of Accounts
Balance sheet
Income statement.
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