Principles of Business Chapter 5 Review
Authored by Nicole King
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9th - 12th Grade
Used 1K+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The largest number of U.S. businesses have no employees other than the owner.
true
false
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All businesses make products.
true
false
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nonprofit corporations do not have to pay corporate income taxes.
true
false
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a partnership, each partner is liable for all the debts of the business if the business fails.
true
false
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most businesses use a functional organizational structure.
true
false
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of the U.S. workforce is made up of contingent workers?
1%
5%
20%
35%
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following type of business is NOT a producer?
pharmacy
appliance factory
coal mine
chicken farm
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