Stocks
What does it mean to "buy low, sell high"?
It means purchasing a stock when the price is low and selling it when the price rises to make a profit.
What does CEO stand for?
Chief Executive Officer.
What currency do most European Union countries use?
The Euro (€)
What does DECA stand for?
Distributive Education Clubs of America.
What is the most widely used currency in the world?
A: The U.S. Dollar.
What is a dividend?
A portion of a company's earnings paid out to shareholders.
What is the difference between revenue and profit?
Revenue is the total money a business brings in from sales, while profit is what remains after all expenses are deducted.
What is the currency of the United Kingdom?
The British Pound (£)
In a DECA role play, how many minutes do you typically have to present to the judge?
10 minutes.
What does ATM stand for?
Automated Teller Machine.
What stock exchange is known by the abbreviation NYSE?
New York Stock Exchange.
What does liquidity mean in finance?
How easily an asset can be converted into cash without affecting its price.
What is the other official name for the Chinese Yuan?
Renminbi
What is the name of DECA's annual international competition?
DECA International Career Development Conference (ICDC).
What is the name of the U.S. central banking system?
The Federal Reserve.
What does it mean when a stock is "bearish"?
It means the stock or market is expected to decline in value.
What is the difference between gross profit and net profit?
Gross profit is revenue minus cost of goods sold; net profit is what remains after all expenses are deducted.
What country has the highest valued currency in the world as of 2025?
Kuwait — the Kuwaiti Dinar (KWD).
What are the four career clusters DECA focuses on?
Marketing, Finance, Hospitality & Tourism, and Management & Entrepreneurship.
What Federal Reserve strategy involves buying bonds to inject money into the economy?
Quantitative easing
What is a P/E ratio and what does it measure?
Price-to-Earnings ratio; it measures how much investors are willing to pay per dollar of earnings.
What is compound interest?
Interest earned on both the original principal and the interest already accumulated.
What was the name of the currency used before the Euro was introduced in Europe?
Each country had its own, for example, France had the Franc, Germany had the Deutsche Mark, and Italy had the Lira.
What year was DECA founded?
1946.
What is the "invisible hand" concept and who coined it?
The idea that free markets self-regulate through supply and demand; coined by Adam Smith.