Finance
Asset
What is a tangible item a business owns called?
Acquisition cost
What is the cost incurred by a business?
Employee
What is an individual hired by a company and compensated for their work called?
B2B
What is a business-to-business commercial transaction between businesses called?
Franchise
What business takes its name and characteristics from an existing business chain called?
Budget
What is the amount of money a business plans on spending during a given period called?
Customer Acquisition Cost
What is the total cost of acquiring a new customer called?
Entrepreneur
What is an individual who aspires to start and run a successful business called?
B2C
What is a business-to-consumer transaction called?
LLC
What type of business with pass-through taxation where owners pay taxes on the company's profit and losses through their personal taxes called?
Burn rate
What is a calculation used to measure a business's monthly cash flow called?
Fixed costs
What is the type of cost a business has that remain the same no matter the volume of production?
Owner
What is an individuals that own the business called?
Ceo
What Chief executive Officer holds a leadership role within a business and oversees a business's operations and resources and makes the major decisions for the company?
Nonprofit
What type of business has no owner and does not pay federal US taxes called?
Price
What is the amount of money charged for goods or services called?
Operating costs
What is the type of cost expenses incurred for running day-to-day tasks in a business called?
Stakeholder
What is an individual with an interest in a business called?
CFO
What officer holds a leadership role within a business and oversees a company's finances?
S corporation
What type of business structure with a special tax advantage that allows the company to pass its income called?
Profit
What is the amount of financial gain from a business called?
Variable cost
What is a fluctuating cost that a business has depending on production called?
Stockholder
What is an individual that owns at least one share in a corporation's stock called?
COO
What officer holds a leadership role within a business and is responsible for overseeing the day-to-day administrative and operational functions of a business?
Sole proprietorship
What is type of business structure with a single owner and is not shielded from any amount of liability called?