Financial Literacy
What is a plan for how you will spend, save, and manage your money called
A budget
What should you create for each important online account to help keep your information secure?
A strong, unique password
What device is commonly used to type information into a computer?
A keyboard
What is a person who starts and runs their own business called?
An entrepreneur
What is a message designed to persuade people to buy a product or service called?
An advertisement
What is profit?
The money a business has left after subtracting its expenses from its revenue?
what is the term for When someone uses another person's personal information without permission, usually for fraud or other illegal purposes?
Identity theft
What type of software is commonly used by businesses to create tables, organize data, and perform calculations?
Spreadsheet
What do you call the people who buy a business's products or services?
Customers
What is the term for a free item given to customers to encourage them to try a product?
A sample
What is compound interest?
Interest earned on both the original amount and previously earned interest?
What is a data breach?
A data breach is when sensitive or private information is accessed or stolen without permission
What program is commonly used by businesses to create presentations with slides?
Microsoft PowerPoint
What is the term for the stage in a product's development where an entrepreneur creates a basic version of their idea to test it with customers?
A prototype
what is the name associated with a song that is supposed to be recognized from an advertisement?
A jingle.
What financial term describes the point where a business’s total revenue equals its total expenses?
The break-even point
What does VPN stand for
Virtual Private Network
What technology allows employees to store and access files online from different devices and locations?
Cloud storage
What is the term for the specific group of people a business wants to sell its products or services to?
A target market
What is the rule of thirds in photography?
Placing focal points slightly to the side of the center of a picture.
What is the three-digit number that lenders use to help determine how reliably someone has paid back borrowed money?
Credit score
What is the difference between authentication and authorization?
Authentication verifies who you are, while authorization determines what you are allowed to access or do.
A company uses software to automatically analyze customer data and predict what products customers might buy. What type of technology is the company using?
AI
When an entrepreneur gives a small percentage of their company to an investor in exchange for money to grow the business, what is the investor receiving?
Equity
What does ROI stand for?
Return on Investment