Vocabulary 1

Question 1

A complete two part self self assessment

Answer 1

Self assessment

Question 2

A presentation to an unfamiliar workplace adult

Answer 2

Self assessment presentation

Question 3

Complete online credit application

Answer 3

Micro enterprise credit application

Question 4

register fictitious business GeauxBiz student portal

Answer 4

company registration

Question 5

online certification exam

Answer 5

credential online test

Question 6

A small business

Answer 6

Micro enterprise

Question 7

Baton Rouge Area Chamber are the creators of the micro enterprise

Answer 7

BRAC

Question 8

online program that provides unlimited access to industry experts in all careers

Answer 8

Nepris

Question 9

money owed by a company to a supplier

Answer 9

Accounts payable

Question 10

money owed by a customer to a company

Answer 10

Accounts Receivable

Question 11

Individuals that make a small investment and don’t expect a lot of money in return

Answer 11

Angle investors

Question 12

something of value

Answer 12

Assets

Question 13

dept to a bank

Answer 13

bank loan

Question 14

a loan

Answer 14

bond

Question 15

a determination of how make products need to be sold to break even

Answer 15

break even analysis

Question 16

a company that provides individuals with access to financial markets

Answer 16

Brokerage

Question 17

proper business behavior

Answer 17

Business ethics

Question 18

funds contributed to a business by investors

Answer 18

capital

Question 19

expenditures on equipment

Answer 19

capital expenditures

Question 20

total revenue minus total cost

Answer 20

cash flow

Question 21

cash, publicly traded stock, bonds

Answer 21

cash instruments

Question 22

equipment , inventory or other goods that are pledged to the bank

Answer 22

collateral

Question 23

the ability to interact with people comfortable

Answer 23

comfort engaging with people

Question 24

money earned when something is sold

Answer 24

commission

Question 25

a promise to keep information you learn a secret

Answer 25

confidentially

Question 26

a situation in which an individual might take an action to his or her advantage that would be a disadvantage to there company

Answer 26

conflict of interest

Question 27

unit price minus cost of goods sold

Answer 27

contribution margin

Question 28

actions entrepreneurs and companies

Answer 28

corporate social responsibility

Question 29

a cooperation is a person in the eyes of the law

Answer 29

corporation

Question 30

costs that make up one unit of what you sell

Answer 30

cost of goods sold

Question 31

a loss that an insurance company will reimburse

Answer 31

covered loss

Question 32

funds lent to a business with an agreement that the business will repay the lender with interest

Answer 32

credit

Question 33

a person or a business with a strong credit score and the financial resources the make it likely they will be able to repay the loan

Answer 33

credit worthiness