Accounting
Business
Fun Facts
Random
100
What is the basic accounting equation?

Assets = Liability + Owner's Equity

100

What are the 4 Ps of marketing?

Product, Place, Promotion, and Price

100

Which company is the world's largest retailer?

Walmart

100

What is the largest ocean on Earth?

Pacific Ocean

200

True or False: Revenue increases owner's equity.

True

200

What do we call money owed to a business by customers?

Accounts Receivable

200

In what year was the Iphone first released?

2007

200

What is the highest grossing movie of all time?

Avatar

300

What type of business has only one owner?

Sole Proprietorship

300

What does CEO stand for?

Chief Executive officer

300

In the insurance business, what is the name for a person whose job it is to analyze statistics to calculate risks and price premiums accordingly?

Actuary

300
What planet is closest to the sun?

Mercury

400

Which term describes the year as to figuring out a business’s annual budget and other finances?

Fiscal

400

What type of business is legally separate from it's owners?

Corportation

400

The 2002 Eminem song "Business" is about Eminem's successful partnership with what rapper who went on to found Beats Electronics

Dr. Dre

400

What has keys but can’t open locks?

A piano

500

Which companies are known as "The Big Four"?


Deloitte, EY, KPMG, PwC

500

What is the term used to describe when one company controls the entire market?

A monopoly

500
What company was initially known as "Blue Ribbon Sports"?

Nike

500

Mount Everest is located in which mountain range?

The Himalayas