Accounting
With the rise of side hustles, many freelancers use this IRS form to report self-employment income. What is it?
1099 Form
What is Japan’s most famous raw fish dish?
Sushi
What is the currency of Japan?
Yen
McDonald's is famous for its golden arches. What type of business is it?
Fast food chain
If you’re in Japan and someone tells you to wear a kimono, should you show up in jeans, a swimsuit, or traditional Japanese clothing?
Traditional Japanese clothing
Which financial statement do companies use to brag (or cry) about their revenues and expenses for a certain period?
Income Statement
Many people associate the croissant with France, but which European country actually invented it?
Austria
What is the smallest denomination of US currency in circulation today?
1 cent, or a penny
Before becoming an online marketplace for everything, what type of product did Amazon originally sell?
Books
Which European country hosts the world’s messiest food fight every year, where people throw thousands of tomatoes at each other?
Spain – La Tomatina
A major company releases an AI-generated financial report filled with errors, causing stock prices to drop. What financial statement should investors have checked first?
Income Statement or Balance Sheet
Which Filipino dessert is made from purple yam and often used in cakes and ice cream?
Ube Halaya
Prices in a market economy are primarily determined by what two forces?
Supply and demand
What multinational company owns brands like Dove, Ben & Jerry’s, and Axe?
Unilever
South Africa holds the record for having the most official languages. How many does it recognize?
11
What’s the fancy accounting term for when your car loses value the second you drive it off the lot?
Depreciation
Name the fermented vegetables that form the base of a famous spicy Korean side dish.
Kimchi
If inflation is 5% per year, estimate the cost of a $100 item in three years (rounded).
About $115.76
(Using compound interest: $100 × (1.05)^3)
Which company, known for its electric vehicles, made headlines with the announcement of its humanoid robot, Optimus?
Tesla
The biggest music festival in the U.S., where influencers and celebrities gather every April, continues to dominate pop culture. What is it called?
Coachella
A company starts the year with $200,000 in equity. During the year, it earns $120,000 in net income and distributes $50,000 in dividends. What is the company’s ending equity balance?
$270,000
(Beginning Equity + Net Income - Dividends = Ending Equity)
A traditional Japanese tea ceremony emphasizes mindfulness and simplicity. What is it called?
Chanoyu or The Way of Tea
Paper money was first introduced in what country and during what century?
China, 7th century – Tang Dynasty
Many businesses are now accepting cryptocurrency, but which major online retailer recently hinted at integrating Bitcoin payments?
Amazon
Which Pacific island country, famous for its stunning coral reefs, recently announced that it may soon disappear due to rising sea levels?
Tuvalu