RESM 4190 Exam 1 questions and
answers passed
Revenue - correct answer ✔✔Money coming into a sport business
(e.g., ticket sales, broadcast contracts,
concession sales, or sponsorship
agreements)
Expenses - correct answer ✔✔Costs that are incurred
(e.g., player
salaries, equipment, travel, executive
salaries, and other expenses ranging from
rent to insurance premiums)
Accounting - correct answer ✔✔The art of processing the revenue and
expense numbers to develop appropriate
reporting procedures upon which financial
decisions are made
Economics - correct answer ✔✔The study of social, governmental, and
numerous other factors that can influence
the financial state of the sport industry
, Statistics - correct answer ✔✔A form of mathematical analysis that uses
quantified models, representations and
synopses for a given set of experimental
data or real-life studies
Stocks - correct answer ✔✔A document demonstrating ownership
interest in a company
Stocks generate a positive return in 2 ways - correct answer ✔✔dividends and capital gains
Bonds - correct answer ✔✔A debt investment in which an investor
loans money to an entity
(typically
corporate or governmental) which borrows
the funds for a defined period of time at a
variable or fixed interest rate
Mutual Funds - correct answer ✔✔An investment vehicle made up of a pool
of funds collected from many investors for
the purpose of investing in securities such
as stocks, bonds, money market
instruments and similar assets
Money - correct answer ✔✔The means by which commerce can
occur
answers passed
Revenue - correct answer ✔✔Money coming into a sport business
(e.g., ticket sales, broadcast contracts,
concession sales, or sponsorship
agreements)
Expenses - correct answer ✔✔Costs that are incurred
(e.g., player
salaries, equipment, travel, executive
salaries, and other expenses ranging from
rent to insurance premiums)
Accounting - correct answer ✔✔The art of processing the revenue and
expense numbers to develop appropriate
reporting procedures upon which financial
decisions are made
Economics - correct answer ✔✔The study of social, governmental, and
numerous other factors that can influence
the financial state of the sport industry
, Statistics - correct answer ✔✔A form of mathematical analysis that uses
quantified models, representations and
synopses for a given set of experimental
data or real-life studies
Stocks - correct answer ✔✔A document demonstrating ownership
interest in a company
Stocks generate a positive return in 2 ways - correct answer ✔✔dividends and capital gains
Bonds - correct answer ✔✔A debt investment in which an investor
loans money to an entity
(typically
corporate or governmental) which borrows
the funds for a defined period of time at a
variable or fixed interest rate
Mutual Funds - correct answer ✔✔An investment vehicle made up of a pool
of funds collected from many investors for
the purpose of investing in securities such
as stocks, bonds, money market
instruments and similar assets
Money - correct answer ✔✔The means by which commerce can
occur
