Funk and
Wagnalls
Wagnalls
balance
an amount in excess especially on the credit side of an account
There is only one type of company.
False. There are many, Corporation, Partnership, LLC, ect.
Customers come and order food to be eaten.
A restaurant
_________ we enjoyed the dinner, it finished very late and we were very tired.
Yet, After all, Despite, While
While
I work on research to make sure that our company stays competitive.
What is R&D
Annual Percentage Rate (APR)
If you’re borrowing money to finance your business and you want to know how much interest you’ll pay on it in a year, look for the APR. What is APR an acronym for?
The term 'by the book' means to do something following the official rules strictly.
True
We move goods from one country to another or over long distances. We operate warehouses, ships, cargo trucks, cargo trains, etc.
What is a logistics business?
_____________ we did a very poor job on the presentation.
While / Although / Admittedly / Despite
Admittedly
We work on promoting the brand to the public to increase awareness and sales.
What is marketing?
license (legal/business)
If your business offers a product or proprietary technology, which type of formal agreement can customers can pay for that gives them permission to use it while you still own the rights?
A superior always reports to their subordinate in a company.
False. A superior is the boss. The subordinate reports to the superior.
This term that you’d probably associate with a business deal refers to a type of protocol that two devices use to authenticate one another during communication?
What is a handshake?
________________, I would really appreciate more direction from our boss.
Unless / Whilst / Not only / That said
That said
At a large company we are many who crunch the numbers and deal with the finances.
What are accountants?
server (2 definitions)
Someone who serves food in a restaurant.
A processor for computers.
False. They are opposites.
What document can be defined as a statement of financial position, listing a company’s assets, liabilities, and equity? It can be used to determine financial return and a business’s capital structure.
What is a balance sheet?
___________ the meeting finishes on time we should be able to take a flight this evening.
With respect to / Provided that / Yet / With this in mind
In the insurance business, this is the name for a person whose job it is to analyze statistics to calculate risks and price premiums accordingly?
What is an actuary?
junk bond
What is the "trashier" name for a "high yield bond" that is typically issued by companies with low credit ratings?
Just like goods, services are performed for a fee.
True.
We help a client financially, when they have something bad happen to them. For instance a fire, flood, or robbery.
What is insurance?
_______________, I'm not angry with you.
I would like to start by / Even though / To contrast / On the contrary
On the contrary
This fintech abbreviation (KYC) means what?
Know Your Customer