Level Five Academy

Vocab Quiz Builder

Turn the AP Business glossary into a classroom-ready vocabulary quiz, drawn from 228 CED terms across all five units. Pick a unit and lesson, choose your formats, then print, copy, or email it with an answer key.

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228 terms in scope

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I. Matching

Match each term to its definition. Write the number of the correct definition in the blank beside each term.

  • A. Financial accountant
  • B. Ethical dilemma
  • C. Barriers to entry
  • D. Long-term assets
  • E. Default
  • F. Operating profit
  • G. Entrepreneur
  • H. Consistency principle
  • I. Environmental factors
  • J. Psychographic characteristics
  1. 1. A situation where one core value — say fairness or transparency — clashes with another value or with a business goal.
  2. 2. Cialdini's idea that people stick to actions that fit their self-image; marketers appeal to a customer's identity.
  3. 3. The mindset and behavior side of a population — interests, activities, values, and lifestyles.
  4. 4. An accountant who reports financial information mainly to outsiders — shareholders, investors, and lenders.
  5. 5. Failing to repay a loan as agreed — the main risk lenders try to avoid.
  6. 6. Less-liquid assets, such as fixed assets and long-term investments, used to run operations over time.
  7. 7. Outside physical and ecological conditions — geography, resource access, waste rules, and consumer attitudes toward the environment — that help or limit a market.
  8. 8. Someone who launches a new business, taking on its risks in hope of its rewards.
  9. 9. Profit after subtracting both COGS and operating expenses — income before interest and taxes.
  10. 10. Obstacles — patents, regulations, high startup costs, or large-scale low pricing — that make it hard for new firms to break into a market.