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General Business Terms Content by: Brooke Lingbeck Template Design by: Mark Geary Economy Business CorporationCommunication Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy Accounting
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$100 Question from H1 Costing less to make, buy, or operate
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$100 Answer from H1 What is economy?
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$200 Question from H1 A chance something bad or dangerous will occur.
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$200 Answer from H1 What is risk?
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$300 Question from H1 To help pay for or supply funds
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$300 Answer from H1 What is finance?
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$400 Question from H1 Planning in advance how to spend money.
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$400 Answer from H1 What is budgeting?
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$500 Question from H1 Expenses to a business that don’t change with its level of production.
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$500 Answer from H1 What are fixed costs?
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$100 Question from H2 An income from a source.
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$100 Answer from H2 What is cost?
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$200 Question from H2 Things that cause problems or risks.
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$200 Answer from H2 What are liabilities?
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$300 Question from H2 Things that are valuable or useful.
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$300 Answer from H2 What are assets?
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$400 Question from H2 The process of determining finances and budgets.
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$400 Answer from H2 What is accounting?
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$500 Question from H2 A formal agreement that describes a business concept.
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$500 Answer from H2 What is business plan?
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$100 Question from H3 People who have started their own companies.
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$100 Answer from H3 What are entrepreneurs?
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$200 Question from H3 Business allowed to sell a company’s product.
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$200 Answer from H3 What is a franchise?
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$300 Question from H3 Combination of more than one company.
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$300 Answer from H3 What is a merger?
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$400 Question from H3 A corporation that does not seek to earn a profit.
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$400 Answer from H3 What is a nonprofit corporation ?
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$500 Question from H3 Someone who buys into a business.
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$500 Answer from H3 What is an investor?
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$100 Question from H4 One who owns shares of a company.
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$100 Answer from H4 What is stockholder?
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$200 Question from H4 A business company formed according to law.
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$200 Answer from H4 What is a corporation?
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$300 Question from H4 A team or union of two or more people.
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$300 Answer from H4 What is a partnership?
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$400 Question from H4 A prejudice in favor or against.
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$400 Answer from H4 What is bias?
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$500 Question from H4 Attentive listening that occurs when the listener is focuses his or her complete attention to the speaker.
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$500 Answer from H4 What is active listening?
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$100 Question from H5 Obstacles to effective communication typically defined in terms of physical, language, and body language.
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$100 Answer from H5 What are communication barriers?
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$200 Question from H5 Unpleasant, often loud, sound.
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$200 Answer from H5 What is noise?
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$300 Question from H5 The act of exchanging information.
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$300 Answer from H5 What is communication ?
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$400 Question from H5 A chance something bad or dangerous will occur.
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$400 Answer from H5 What is a risk?
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$500 Question from H5 Costs or occasions of spending.
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$500 Answer from H5 What are expenses?
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Final Jeopardy What is the accounting equation.
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Final Jeopardy Answer Assets = Liabilities + Owner’s Equity?
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