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Question 1 Many businesses use the abbreviation 'Inc.,' which is short for: Incorporated incognito in common Incorporated.

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Presentation on theme: "Question 1 Many businesses use the abbreviation 'Inc.,' which is short for: Incorporated incognito in common Incorporated."— Presentation transcript:

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2 Question 1 Many businesses use the abbreviation 'Inc.,' which is short for: Incorporated incognito in common Incorporated

3 Question 2 A business that sells products only to other businesses, not to the general public, is called a Discount store Wholesaler specialty store Wholesaler

4 Question 3 A business that arranges the movement of products or commodities between two countries is an: Export-import firm Airline International travel Export-Import Firm

5 Question 4 The system of classifying, analyzing, and interpreting financial records is known as: Marketing Accounting Investing Accounting

6 Question 5 The Organization of Petroleum Exporting Countries, OPEC, is a Cartel Monopoly Oligarchy Cartel

7 Question 6 In December 1999, a meeting of the World Trade Organization was met with violent protests in Quebec City Davos, Switzerland Seattle Seattle

8 Question 7 In 1948, a specialized agency of the United Nations was created to handle international trade. It was the General Agreement on Tariffs and Trade International Trade Organization Export-Import Bank General Agreement on Tariffs and Trade

9 Question 8 In 1995 what organization succeeded GATT? NAFTA World Trade Organization International Monetary Fund World Trade Organization

10 Question 9 In 1976, the International Monetary Fund stabilized the world's monetary system by: Backing paper money with gold reserves Allowing the value of the world currencies to be determined by the market Fixing the value of the world's currencies to the U.S. dollar Allowing the value of the world currencies to be determined by the market

11 Question 10 The interest rate the Federal Reserve charges banks for short-term loans is the: Discount rate Prime rate Periodic rate Discount Rate

12 Question 11 When purchasing corporate bonds, investors: Receive stock paying a fixed dividend Earn tax-free interest income Are making a loan to the company Are making a loan to the company

13 Question 12 Offshore banks are: Exempt from International Monetary Fund regulation Licensed by countries with minimal taxation and financial regulations Located in Caribbean nations Licensed by countries with minimal taxation and financial regulations

14 Question 13 Ownership shares of a corporation are known as stocks. There are two types, common stock and Bonds Preferred stock Mutual funds Preferred Stock

15 Question 14 Wall Street got its name because it was part of Abner Wall's farm is an English corruption of the early Dutch name, Vall Street originally ran beside a wall Originally ran beside a wall

16 Question 15 The National Association of Securities Dealers Automated Quotation System, NASDAQ, is what An electronic stock market A system for tracking high-technology stocks The Internet branch of the New York Stock Exchange An Electronic Stock Exchange

17 THANK YOU


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