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5 Written questions

5 Matching questions

  1. overtime
  2. Credit
  3. imports
  4. quota
  5. Indirect Distribution
  1. a goods and services that a country buys from another country
  2. b time allowed for payment for goods or services obtained on trust:
  3. c a limit placed on the quantities of a product that can be imported
  4. d time worked beyond the regular hours - pay is 1 1/2 times the regular rate of pay
  5. e Involves one or more intermediaries

5 Multiple choice questions

  1. any payment made by a government for a purpose other than that of purchasing goods or services, as for welfare benefits.
  2. the section of your check book where you keep track of all your transactions
  3. when one party fails to live up to the terms of a contract
  4. A marketable U.S. government debt security with a fixed interest rate and a maturity between one and 10 years.
  5. when rival companies form a monopoly by banding together and agree not to compete with each other

5 True/False questions

  1. net lossexpenses are greater than revenue

          

  2. rentwhen rival companies form a monopoly by banding together and agree not to compete with each other

          

  3. interest-bearing accountthe federal government focuses on business that takes place across all states

          

  4. Break-even pointA marketable U.S. government debt security with a fixed interest rate and a maturity between one and 10 years.

          

  5. overdrawingamount earned for each hour worked

          

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