Accounting
what is the name of the rules, standards and practice businesses follow to record and report financial information
Generally Accepted Accounting Principles (GAAP)
What is the degree in which customers are satisfied with a company’s goods are services ?
customer satisfaction
What is the process used by individuals to manage limited income to meet personal unlimited needs and wants
Personal finance management
A state in which the supply and demand for a good or service are in balance is what ?
Equilibrium
How many stars are in space?
1
What is the accounting equation
A=L+E
What is the difference between income earned and expense?
profit
What is income received from employment
Earned income
The amount of an asset or resource use that exceeds the portion that is utilized is what ?
Surplus
which baseball player had the most home runs this season ?
Shohei Ohtani
The property or items of value a business owns is called what ?
Assets
What are the 4 P’s of marketing
1.Product
2. Price
3.Place
4. Promotion
Payment received from work that is usually calculated on a hourly, daily or weekly basis is called what?
wage
When the quantity demanded of a good service or resource is greater then the quantity shipped is called what ?
A shortage
in the shrek movies what is the name of the donkey voiced by eddie murphy
donkey
What is the difference between the assets of business and its liabilities?
Owners equity.
What is the plan that helps a business meet its overall goals and objectives ?
Marketing Strategies
salary
Consumers switching to cheaper products as the price of one product increases is called what ?
Substitution Effect
what is the name of the artists that had he best selling album of all time “thriller”
micheal jackson
A cost that a business incurs in their running operation is called what ?
Expenses
What is the process of dividing the market into smaller groups
Market Segmentation
What is income paid as as percentage of sales made by a sales person
Commission
What are the 3 factors that affect demand
Consumer income
Preferences
Willingness to substitute
what is the highest grossing film of all time
avengers endgame