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ESB Vocab Question and answers rated A+ 2024 $13.99
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ESB Vocab Question and answers rated A+ 2024
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ESB Vocab Question and answers rated A+ 2024 Acquisition Cost - correct answer Costs incurred by a business for property or equipment Angel Investor - correct answer Investor who is willing to wait for a paycheck until a business starts showing profit; they will accept a lower return on inve...

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  • August 23, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • esb vocab
  • esb vocab question and answers rated a 2024

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ESB Vocab #1
Acquisition Cost - correct answer ✔Costs incurred by a business for property
or equipment


Angel Investor - correct answer ✔Investor who is willing to wait for a
paycheck until a business starts showing profit; they will accept a lower return
on investment than a regular investor


Asset - correct answer ✔Tangible item a business owns. This can include
office furniture and fixtures, vehicles, and inventory.


Balance Sheet - correct answer ✔Document which compares assets to
liabilities plus owner's equity.


Benefits - correct answer ✔Business term which often refers to items
provided to employees in addition to standard compensation. These items can
include but are not limited to medical insurance, pension, or even stock
portfolio.


Brand Recognition - correct answer ✔Level or familiarity one has with a
brand of item, service, or business


Break-Even Point - correct answer ✔Point in which business' revenue
matches with expenses over a given time period.


Business Milestone - correct answer ✔A point in a business' life where a
manager or other administration employee designates an achieved goal or
standard in time. Relative to the business and its owners.

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