Finance and Risk Management
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Sales for which the company has not yet been paid | Accounts receivable
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| Things a business owns | Assets
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| A description of the type and amount of assets, liabilities, and capital in a business on a specified date | Balance sheet
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| A detailed projections of financial performance for a specific time period usually one year or less | Budget
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| A risk that can be reduced or avoided by actions you take | Controllable risk
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| a risk that is caused by the uncertainty of market forces, economic trends, and politics | Economic risk
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| A detailed summary of the financial performance for a business or a part of a business | Financial statement
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| A risk that arises because of the potential actions of individuals, groups, or organizations | Human risk
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| A legal responsibility for loss or damage | Liability
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| A risk caused by the unpredictability of nature such as the weather | Natural risk
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| All costs associated with business operations | Operating expense
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| The money received from the sale of products and services | Revenue
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| The possibility that a loss can occur as the result of a decision or activity | Risk
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| Includes providing security and safety for products, personnel, and customers as well as reducing the risk associated with marketing decisions and activities | Risk management
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| A risk for which a persons actions do not affect the result | Uncontrollable risk
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
kweenbee30
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