How Well Do You Know Business Language?

Question 1/12

wikimedia.org
What type of market is defined as a market with rising prices?
Bull Market
Bear Market
Bee Market

Question 2/12

wikimedia.org
What type of market is defined as a market with falling prices?
Bull Market
Bear Market
Blood Market

Question 3/12

wikimedia.org
What does IRA stand for?
International Rates Assistant
Individual Retirement Account
International Realtor Association

Question 4/12

wikimedia.org
What is defined as "Anything of value which is owned by an individual, company, organization"?
Profit
Revenue
Asset

Question 5/12

wikimedia.org
What is a significant digital currency, divided into 100 million units called satoshis?
Bitcoin
Pound Sterling
Pence

Question 6/12

wikimedia.org
What type of economy has money earned in private, untraceable and untaxable cash transactions?
Blue Economy
White Economy
Black Economy

Question 7/12

staticflickr.com
Which of these best defines bookkepping?
Organizing all paper letters in a business
Writing down the history of the business
Recording of a business's transactions

Question 8/12

pexels.com
What is an unstable and unusually rapid growth of an economy called?
Bubble
Recession
Caravan

Question 9/12

staticflickr.com
What is a payment based on percentage of transaction value?
Wage
Commission
Share

Question 10/12

staticflickr.com
What is a paid sum of money to shareholders out of profits?
Yield
Interest
Dividend

Question 11/12

staticflickr.com
What does climbing the corporate ladder mean?
Rising in rank or position
Increasing sales
Becoming a public company

Question 12/12

kremlin.ru
What is defined as a raw material or primary agricultural product that can be bought and sold?
Asset
Commodity
Bonds
You must not be around business lingo very frequently.

C+, Rookie

wikimedia.org
Right!
You may be a business person but you are still new to the lingo and you best keep up in this fast paced lifestyle!

B+, Entry Level

wikimedia.org
Right!
You must have been in the business world for quite some time now!

A+, CEO

wikimedia.org
Right!
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Are you deep in the business world? Can you understand all the business words people throw around? Test your knowledge on this quiz!
1
What type of market is defined as a market with rising prices?
Bull Market
Bear Market
Bee Market
2
What type of market is defined as a market with falling prices?
Bull Market
Bear Market
Blood Market
3
What does IRA stand for?
International Rates Assistant
Individual Retirement Account
International Realtor Association
4
What is defined as "Anything of value which is owned by an individual, company, organization"?
Profit
Revenue
Asset
5
What is a significant digital currency, divided into 100 million units called satoshis?
Bitcoin
Pound Sterling
Pence
6
What type of economy has money earned in private, untraceable and untaxable cash transactions?
Blue Economy
White Economy
Black Economy
7
Which of these best defines bookkepping?
Organizing all paper letters in a business
Writing down the history of the business
Recording of a business's transactions
8
What is an unstable and unusually rapid growth of an economy called?
Bubble
Recession
Caravan
9
What is a payment based on percentage of transaction value?
Wage
Commission
Share
10
What is a paid sum of money to shareholders out of profits?
Yield
Interest
Dividend
11
What does climbing the corporate ladder mean?
Rising in rank or position
Increasing sales
Becoming a public company
12
What is defined as a raw material or primary agricultural product that can be bought and sold?
Asset
Commodity
Bonds