Imcome
Name one of the 5 ways you can get income received from employment.
Wages,Salary,Comission,Tips,Bonuses.
Any activity related to marketing a product.
Production
What is the largest country in the world?
Russia
What is the connection made among nations when economies freely move goods, labor, and money across borders.
Globalization
What is the system of recording business transactions and analyzing, verifying, and reporting the results.
Accounting
Name one of the 4 way you can get your salary.
Weekly,Monthly,Bi-Weekly,Bi-Monthly.
All business activity that involve money.
Finance
What is the fastest animal on Earth?
Peregrine falcon
What is the buying and selling of goods and services across national borders.
International Trade
What does (GAAP) stand for?
Generally Accepted Accounting Principles
What is the money paid for service beyond the payment that is required.
Tips
Process of controlling and making decisions about a business.
Management.
what is the most common blood type?
O positive (O+)
______ are Goods, services, and capital that are brought into a country from outside its borders.
Imports
Whats does A=L+A stand for?
Asset=Liability+Capital
What is the money added to an employee’s base pay.
Bonus
Activity that identify, anticipate, and satisfy customer demand while marketing a profit.
Marketing.
what is the most common sickness?
Cold
____ are Goods and services that are produced within a country’s borders and sold in another country.
Exports
What is the property or items of value a business owns.
Asset
What is a fixed (consistent) payment for work and is usually expressed as an annual figure.
Salary
____ is the difference between income earned and expenses incurred by a business during a specific period of time.
Profit
what is the least spoken language in the world?
Lemerig
When a country can produce goods more efficiently and at a lower cost than another country. This is call A________ A________.
Absolute Advantage
What is a cost that businesses incur in running their operations.
Expenses