business Flashcards
1
Q
return
A
a profit from an investment
2
Q
risk
A
anything that threatens an organisations ability to generate profits
3
Q
what types of investments pay large returns
A
saving accounts, short term funds
4
Q
relationship between risk and return
A
the higher the risk, the greater the return
5
Q
account balance
A
total amount of money in a financial account after debits and credits have been calculated
6
Q
credit
A
when a customer purchases a good or service with an agreement to pay at a later date.
7
Q
debit
A
money being taken out
