Famous Business Men and Women
Business 101
Accounting Terms
100
He invented the iPhone.
Who is Steve Jobs?
100
"CEO" stands for this.
What is Chief Executive Officer.
100
This is what "CPA" Stands for.
What is a Certified Public Accountant?
200
He invented the assembly line for the Automobile Industry.
Who is Henry Ford?
200
This is the term used for when an economic system of a country is controlled by private individuals and corporations, rather than the government.
What is Capitalism?
200
When we deduct Total Costs from Total Sales, if positive, we have made a _____.
What is a Profit?
300
This business man recently bought the LA Clippers for a record deal.
Who is Steve Balmer?
300
The term used to describe a steady, dependable source of income which provides money for the rest of a business.
What is a Cash Cow?
300
Costs, or Overhead, which are incurred by a business, such as wages, rent, insurance, and utilities are known as ____ costs.
What is Fixed Costs?
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