BUS 100 EXAM QUESTIONS ANSWERED COTRRECTLY LATEST UPDATE 2026
Accounting: - Answers The functional area of business that monitors where money is spent.
Acquisition: - Answers When a company buys all or part of another company.
Assets: - Answers Resources owned by a firm.
Balance Sheet: - Answers A financial statement that lists the assets, liabilities, and owners' equity.
Blockchain: - Answers A digital list of transactions managed by the individual computers of a network.
Board of Directors: - Answers Those elected by stockholders to represent their interests.
Bond: - Answers A loan to a corporation or government.
Brand: - Answers A product's identity that sets it apart from the competition.
Budget: - Answers Estimates how resources will be acquired and used.
Business Environment: - Answers The setting in which business operates.
Business Plan: - Answers An outline of a business's future objectives and strategies for achieving
them.
Business: - Answers Providing goods and services to others while operating at a profit.
Chain of Command: - Answers A hierarchy of authority dictating who oversees whom.
Channel of Distribution: - Answers A chain of intermediaries involved in getting a product from the
producer to the customer.
Collective Bargaining: - Answers Negotiating the terms of employment between labor unions and
employers.
Controlling: - Answers When managers monitor performance and makes adjustments.
Corporate Social Responsibility: - Answers The obligation to contribute to society.
Cryptocurrency: - Answers A digital currency on a blockchain network.
Culture: - Answers People's values, customs, and way of life.
Data Analytics: - Answers Using data to solve problems.
Data: - Answers Raw, unprocessed facts and figures.
Database: - Answers An organized collection of data that is easily accessible.
Debt Financing: - Answers Funds provided in exchange for repayment with interest.
Demand: - Answers The willingness to buy goods at various prices during a specified time.
Distribution: - Answers Delivering the right product to the right person in the right place at the right
time.
Dividend: - Answers Money paid to shareholders.
Economics: - Answers The study of the choices made to allocate scarce resources.
Economies of Scale: - Answers Production costs fall when operations expand in size, due to an
improvement in efficiency.
Effectiveness: - Answers Producing an accurate result.
Efficiency: - Answers Producing in an optimal way, with minimum waste.
Entrepreneur: - Answers People who start a business risking their time and money.
Equity Financing: - Answers Funds provided in exchange for ownership.
Equity Theory: - Answers A motivation theory stating employees will work harder if they believe they
are being treated fairly.
Ethical Dilemma: - Answers A decision that involves a conflict of values.
Ethics: - Answers Beliefs about right and wrong, good and bad.
Expectancy Theory: - Answers A motivation theory stating employees will work harder if they believe
their efforts will result in a desirable reward.
Expenses: - Answers Money spent to conduct business.
Exporting: - Answers Selling products to foreign nations.
FDIC: - Answers A federal agency that insures bank deposits in the event of a bank failure.
Finance: - Answers The functional area of business that determines the best sources and uses of
financial capital.
Financial Accounting: - Answers The branch of accounting that prepares reports for external
stakeholders.
Financial Statements: - Answers A summary of all financial activities.
Goods: - Answers Tangible products Gross Domestic
Product (GDP): - Answers An economic indicator showing the total value of everything a country
produces within a year.
Hawthorne Effect: - Answers People behave differently when they are being observed.
Accounting: - Answers The functional area of business that monitors where money is spent.
Acquisition: - Answers When a company buys all or part of another company.
Assets: - Answers Resources owned by a firm.
Balance Sheet: - Answers A financial statement that lists the assets, liabilities, and owners' equity.
Blockchain: - Answers A digital list of transactions managed by the individual computers of a network.
Board of Directors: - Answers Those elected by stockholders to represent their interests.
Bond: - Answers A loan to a corporation or government.
Brand: - Answers A product's identity that sets it apart from the competition.
Budget: - Answers Estimates how resources will be acquired and used.
Business Environment: - Answers The setting in which business operates.
Business Plan: - Answers An outline of a business's future objectives and strategies for achieving
them.
Business: - Answers Providing goods and services to others while operating at a profit.
Chain of Command: - Answers A hierarchy of authority dictating who oversees whom.
Channel of Distribution: - Answers A chain of intermediaries involved in getting a product from the
producer to the customer.
Collective Bargaining: - Answers Negotiating the terms of employment between labor unions and
employers.
Controlling: - Answers When managers monitor performance and makes adjustments.
Corporate Social Responsibility: - Answers The obligation to contribute to society.
Cryptocurrency: - Answers A digital currency on a blockchain network.
Culture: - Answers People's values, customs, and way of life.
Data Analytics: - Answers Using data to solve problems.
Data: - Answers Raw, unprocessed facts and figures.
Database: - Answers An organized collection of data that is easily accessible.
Debt Financing: - Answers Funds provided in exchange for repayment with interest.
Demand: - Answers The willingness to buy goods at various prices during a specified time.
Distribution: - Answers Delivering the right product to the right person in the right place at the right
time.
Dividend: - Answers Money paid to shareholders.
Economics: - Answers The study of the choices made to allocate scarce resources.
Economies of Scale: - Answers Production costs fall when operations expand in size, due to an
improvement in efficiency.
Effectiveness: - Answers Producing an accurate result.
Efficiency: - Answers Producing in an optimal way, with minimum waste.
Entrepreneur: - Answers People who start a business risking their time and money.
Equity Financing: - Answers Funds provided in exchange for ownership.
Equity Theory: - Answers A motivation theory stating employees will work harder if they believe they
are being treated fairly.
Ethical Dilemma: - Answers A decision that involves a conflict of values.
Ethics: - Answers Beliefs about right and wrong, good and bad.
Expectancy Theory: - Answers A motivation theory stating employees will work harder if they believe
their efforts will result in a desirable reward.
Expenses: - Answers Money spent to conduct business.
Exporting: - Answers Selling products to foreign nations.
FDIC: - Answers A federal agency that insures bank deposits in the event of a bank failure.
Finance: - Answers The functional area of business that determines the best sources and uses of
financial capital.
Financial Accounting: - Answers The branch of accounting that prepares reports for external
stakeholders.
Financial Statements: - Answers A summary of all financial activities.
Goods: - Answers Tangible products Gross Domestic
Product (GDP): - Answers An economic indicator showing the total value of everything a country
produces within a year.
Hawthorne Effect: - Answers People behave differently when they are being observed.
