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FTCE Business Education 6 - 12 Exam (Latest 2025 / 2026 Update) Questions and Verified Answers | 100% Correct | Grade A+

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FTCE Business Education 6-12

1.COBOL: Programming language that was developed for coding
business data. It is the oldest programming language.
2.BASIC: a popular programming language that is relatively easy to learn
3.BASIC =: Beginner's All-purpose Symbolic Instruction Code
4.COBOL =: Common Business Oriented Language
5.FORTRAN: a high-level programing language for mathematical and
scientific purposes.
6.JAVA: a simple platform-independent object-oriented programming
language used for writing applets that are downloaded from the World
Wide Web by a client and run on the client's machine
7.AAUW =: American Association of University Women
8.FORTRAN =: Formula Translation
9.AAUW: a nationwide network that works for the advancement of
equity for women and girls through advocacy, education, philanthropy,
and research.
10.EEOC =: The US Equal Employment Opportunity Commission.
11.EEOC: enforces federal laws that make it ilegal to discriminate
against a job ap- plicant or an employee because of the persons reace,
color, religion, sex (including pregnancy), national origin, ago, disability
or genetic information.
12.NBEA (stands for...): National Business Education Association
13.NBEA: Professional organization devoted exclusively to serving
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, individuals and groups engaged in instruction, administration, research,
and dissemination of infor- mation for and about business.
14.OSHA =: Occupational Safety and Health Administration
15.OSHA: An organization intended to assure safe and healthful working
conditions for working men and women by setting and enforcing
standards and providing training, outreach, education and assistance.
16.balancing: verifying all the transactions on your account to make
certain your records match the bank.
17.financial statement: A written report of the financial condition of a
firm. Includes balance sheet, income statement, statement of changes
in net worth and statement of cash flow.
18.income statement: a financial document that shows how much
money (rev- enues) came in and how much money (expenses) was
paid out
19.sales: the gross revenue generated from the sale of something less
returns (cancellations) and allowances (reduction in price for discounts
taken by customers).
20. gross profit: the amount of direct profit associated with the actual
manufacturing of the item sold. Calculated as sales less the cost of
goods sold.

21.fixed assets: Longterm or relatively permanent tangible assets such
as equip- ment, machinery, and buildings that are used in the normal
business operations and that depreciate over time.
22.owner's equity: amount of money that owners would receive if they
sold all of a firm's assets and paid all of its liabilities
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