Finance Basics

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Slide 1: Tekstslide
CommunicatieHBOStudiejaar 1

In deze les zitten 22 slides, met interactieve quizzen en tekstslides.

Onderdelen in deze les

Slide 1 - Tekstslide

Financial Literacy
This is a financial literacy quiz for aspiring and existing entrepreneurs. This is the kind of information every entrepreneur big or small should be familiar with.

Slide 2 - Tekstslide

What does appreciation mean?
A
The measure of a continued rise in the worth of an asset.
B
The decrease in value of an asset over time.
C
Current assets.
D
I'm happy you gave me loads of money.

Slide 3 - Quizvraag

1. The money generated from sale of goods or services is _________________.
2. An amount paid or required in payment for a purchase is __________________.
3. Something valuable that an entity owns is _______________.
4. A debt of a business is _______________.
5. The owner’s share of the assets of a business is _______________.
asset
liability
owner's equity
revenue
expense

Slide 4 - Sleepvraag

The Balance Sheet is an important financial statement that needs to be produced at the end of a fiscal period. It shows the company financial situation in terms of:
A
Funds Available vs Use of Funds
B
Current assets vs. Current liabilities
C
Total fixed assets vs. Total Equity

Slide 5 - Quizvraag

The Income Statement is crucial for companies because it summarizes over a given
period of time:
A
The company’s revenues and costs
B
The company’s sales and the costs of goods sold
C
The contributions to the company’s profit or loss
D
The company's revenue, expenses and capital

Slide 6 - Quizvraag

What is capital?
A
Dividends.
B
Paper money.
C
Any assets ready to be used in the production of new assets.
D
The money used to buy the items needed for a business.

Slide 7 - Quizvraag

What is income?
A
The date on which a loan must be paid back in full.
B
Money received as a result of business activity; a financial gain.
C
Principal of a loan.
D
Money you spend for products & services

Slide 8 - Quizvraag

What is cash flow?
A
The total amount a business has earned or lost at the end of the month.
B
The money that goes out of your business on a daily basis.
C
The overall movement of funds through your business each month.
D
The amount of money that flows from one account to another.

Slide 9 - Quizvraag

Costs can be calculated easily by first defining:
A
How you plan on spending funds.
B
Revenue, target audience and capital.
C
Resources, activities and partnerships.
D
All of the above.

Slide 10 - Quizvraag

What are examples of business expenses?
A
Rent, utilities, legal costs, marketing costs.
B
Bank loans and money owed to investors.
C
Inventory, supplies, office furniture.
D
Milk, break and cigarettes.

Slide 11 - Quizvraag

Accounts receivable is:
A
The number of clients a sales team gets.
B
Financial spreadsheets showing how much is made by the company.
C
Loans that a company has to pay back.
D
The amount a business is owed by its clients.

Slide 12 - Quizvraag

How confident would you be if you were solely responsible for your company finances?
110

Slide 13 - Poll

In your own words, what are direct costs?

Slide 14 - Open vraag

In your own words, what are indirect costs?

Slide 15 - Open vraag

Economies of scale?
A
Cost advantages that a business enjoys due to a larger scope of operations.
B
Costs that remain the same despite the volume of goods or services produced.
C
Cost advantages that a business enjoys as its output expands.
D
Costs that vary with output. Increases relative to labor and capital.

Slide 16 - Quizvraag

Economies of scope?
A
Costs that remain the same despite the volume of goods or services produced.
B
Cost advantages that a business enjoys due to a larger scope of operations.
C
Larger companies benefit from lower bulk purchase rates.
D
Costs that vary with output. Increases relative to labor and capital.

Slide 17 - Quizvraag

Fixed cost?
A
Costs that remain the same despite the volume of goods or services produced.
B
In a large enterprise the same marketing activities or distribution channels may support multiple products.
C
Wages, utilities, materials used in production, etc.
D
Costs that are stuck to the table and are so terribly hard to unstick.

Slide 18 - Quizvraag

Variable costs?
A
Cost advantages that a business enjoys due to a larger variety of goods sold.
B
Costs that vary with output. Increases relative to labor and capital.
C
Cost advantages that a business enjoys as its costs vary.
D
Costs that remain the same despite the variety of goods sold.

Slide 19 - Quizvraag

What incurs costs?
A
Creating and delivering value.
B
Maintaining customer relationships.
C
Generating revenue.
D
All of the above.

Slide 20 - Quizvraag

Will you start your own business when you leave university?
Yes
No
Not sure

Slide 21 - Poll

How confident are you as an entrepreneur?
😒🙁😐🙂😃

Slide 22 - Poll