The business had lowered its o_____ costs by cancelling their rental lease and working entirely remotely.
overhead
Oops!
Check
Okay!
Check
boom
Lose 50 points!
Oops!
shark
Other team loses 20 points!
Okay!
gift
Win 10 points!
Okay!
thief
Give points!
5
10
15
20
25
15
He decided to invest in s_ _ _ _ _ of a very profitable company instead of considering a savings account, because he was sure he could make money fast and he enjoyed taking risks.
shares
Oops!
Check
Okay!
Check
baam
Lose 15 points!
Oops!
gift
Win 25 points!
Okay!
gift
Win 20 points!
Okay!
baam
Lose 25 points!
Oops!
15
Although their balance sheet didn’t look very promising, the company seemed worth investing in because of an anticipated a_ _ _ _ _ _ _ _ _ _ _ in the value of their product.
appreciation
Oops!
Check
Okay!
Check
15
The company’s a______ were easy to calculate, but it was difficult to quantify the value of the employees’ expertise.
assets
Oops!
Check
Okay!
Check
15
Her g__________ income exceeded his, but they still couldn’t afford to get the house they’d been dreaming about for such a long time.
gross
Oops!
Check
Okay!
Check
15
The company was hurt by high d________ costs due to frequent machinery brekdowns, computer failures and building decay.
depreciation (asset value loss)
Oops!
Check
Okay!
Check
thief
Give points!
5
10
15
20
25
magnet
Take 10 points!
Okay!
fairy
Take points!
5
10
15
20
25
baam
Lose 25 points!
Oops!
15
Our company has experienced a decrease in r_________ due to the financial crisis.
revenue (=sales)
Oops!
Check
Okay!
Check
15
In order to decide if the company was worth investing in, they wanted to look at the p_________ it had been making over the previous year.
profit
Oops!
Check
Okay!
Check
15
He couldn’t start a business because he didn’t have enough c___________, so he decided to work as a freelancer for the time being.
capital
Oops!
Check
Okay!
Check
15
We currently have a large accounts p_____ list to our suppliers.
payable ( = liability in the balance sheet)
Oops!
Check
Okay!
Check
15
As their r________ on investment hit the lowest point in the last 5 years, they decided to stop investing in our company.
return
Oops!
Check
Okay!
Check
15
L__________ are recorded on the right side of the balance sheet, while assets are listed on the left.
Liabilities
Oops!
Check
Okay!
Check
15
______ _______ bookkeeping gives you a better perspective than single entry bookkeeping because it helps you make sure each transaction is accurately recorded.