Show:
True/False
Finance 1
Tech & Business
Computer Technology
Abbreviations
100
The first computers were used only by businesses.
What is False
100

A financial institution  set up by a group of people to benefit a particular community

What is a credit union?

100
businesses that sell on the Internet and in regular stores.
What is clicks and mortar
100

Parts of a computer you can see and touch

What is hardware?

100

Referenced by the letters DR

What is Debit?

200
Changes in technology create new products, industries, and jobs.
What is True
200

A form of financial intermediary

What is a commercial bank?

200

Silicon Valley and Silicon Alley are what types of industrial centers?

What is high technology

200

Makes up the primary memory of a computer

What is ROM and RAM.

200

Referenced by the letters ICT

What is Information Communication Technology?

300
You have to be at least 21-years old to start a business on the Internet.
What is False
300

Can be obtained only by a borrower's creditworthiness and not by collateral.

What is an unsecured loan?

300

An online retail business

What is e-tail.

300

Business conducted online by various companies

What is e-commerce

300

Referenced by the letters FSC

What is Financial Services Commission

400
Since most products bought online have to be delivered by mail, you have to pay shipping charges on them.
What is True
400

An app running on a mobile devices to manage mobile commercial activities such a payment cards when making purchases.

What is a mobile wallet or M-money?

400
e-tail and e-tickets are examples of this type of business
What is e-commerce
400

Payment of employee salaries directly via the bank

What is direct deposits

400

Referenced by the letters EPOS

What is Electronic Point of Sale?

500
A multi-channel retailer is a company that sells many different types of products.
What is false.
500

Companies that take the money of those who invest in their company and reinvest in other companies

What is Investment Trusts?

500
people who work with computers while doing business
What is e-workforce
500
Use of computer software to control machines in the manufacturing of parts

What is Computer-aided manufacture (CAM)?

500

Abbreviated formula to calculate Assets

What is A = L + C