US Major Finance Test 3

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Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

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University Major — Test 3 (Finance) University (Undergraduate Majors, USA) USA USA University Majors Curriculum

What is this test? for University Major review (University Major — Test 3 (Finance)), USA — University (Undergraduate Majors, USA) level, USA.
For University students (Undergraduate) in Test 3 (Finance) in the USA — is this your major?
Section: University Major — Test 3 (Finance) · Education: University (Undergraduate) · Part: University Major — Test 3 (Finance) · Country: USA

Finance and real estate acumen covers markets, valuation, contracts, and budget management.

This test is designed to reinforce core concepts and help you succeed on your exams.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

What is interest?

A) Borrowing cost

B) Free money

C) Savings gift

D) Tax refund

Question 2

What is e-commerce?

A) Mall only

B) Online buying

C) Catalog only

D) Door sales

Question 3

What is finance?

A) Making goods

B) Hiring staff

C) Money management

D) Selling only

Question 4

What is macroeconomics?

A) One firm

B) No study

C) Households only

D) Whole-economy study

Question 5

What is marketing?

A) Promoting selling

B) Making goods

C) Hiring staff

D) Counting cash

Question 6

What best defines management?

A) No planning

B) Planning leading organizing

C) Workers only

D) Selling only

Question 7

Provide the definition of competition:

A) One seller

B) No sellers

C) Rival sellers

D) Government only

Question 8

Which term means "Rising prices"?

A) accounting

B) the accounting equation

C) a balance sheet

D) inflation

Question 9

Provide the definition of leadership:

A) Guiding people

B) Ordering only

C) No people

D) Doing all

Question 10

Provide the definition of economics:

A) Free goods

B) Choice under scarcity

C) No choices

D) Only money

Question 11

Which term means "Spreading risk"?

A) accounting

B) the accounting equation

C) diversification

D) a balance sheet

Question 12

Which term means "Company share"?

A) accounting

B) the accounting equation

C) a balance sheet

D) a stock

Question 13

Provide the definition of a bond:

A) Lent money paper

B) Share

C) Bill

D) Coin

Question 14

Provide the definition of a business plan:

A) No plan

B) Roadmap document

C) One page

D) Oral pitch

Question 15

Which term means "Assets equal liabilities equity"?

A) accounting

B) a balance sheet

C) the accounting equation

D) revenue

Question 16

Which term means "Strengths weaknesses opportunities threats"?

A) accounting

B) the accounting equation

C) a balance sheet

D) SWOT

Question 17

Provide the definition of a monopoly:

A) Single seller

B) Many sellers

C) No sellers

D) Buyer group

Question 18

Provide the definition of a budget:

A) Tax bill

B) Spending plan

C) Bank loan

D) Savings jar

Question 19

Which term means "Output value total"?

A) accounting

B) the accounting equation

C) GDP

D) a balance sheet

Question 20

Which term means "Product price place promotion"?

A) accounting

B) the accounting equation

C) a balance sheet

D) the 4 Ps

US Major Finance Test 3

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