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What do yuo know about finance?
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Game Code: 750185
English
15
Public
Finance
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When was the Wall Street crash
29 October 1929
15
What does cryptomining mean?
Process of validating a cryptocurrency transaction(blockchain)
15
In 2008 banks had to bailout by goverments.What does bailout mean?
To provide financial help so that the business does not go to the wall
20
What do sharehoder get when the company makes a profit?
Dividend
15
Main difference between a balance sheet and profit and loss account?
Balamce sheet (snapshot) Profit and Loss (specific period of time)
20
What is a bear market?
Shares fall down - opposite of bull market
15
What is a credit crunch?
credit squeeze
15
What does an overdraft mean?
Allowing customers to take out more money ffrom the bank than they had in it
15
What does depreciation mean?
Reduction in the value of an asset over a period of time
15
Difference between tangible vs intangible assets
physical vs non exsisting
20
Difference between shares and bonds
shares return depends on profit. Bonds return guaranteen
15
rent, electricity bills, administrative costs are all examples of o...........................
overheads
15
Explain the difference between revenue vs profit
Total amount of income. Profit remains after paying all the expenses
15
What does cash advance mean?
Money taken before carrying out the service
15
What is a tax break?
Tax relief
15
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