Intro to Business: Chapter 12 Review

Intro to Business: Chapter 12 Review

9th - 12th Grade

40 Qs

quiz-placeholder

Similar activities

HACCP

HACCP

9th - 12th Grade

35 Qs

Glossary of Key Words

Glossary of Key Words

10th - 12th Grade

35 Qs

Woodworking Quiz

Woodworking Quiz

7th - 12th Grade

43 Qs

Parliamentary Procedures

Parliamentary Procedures

6th - 9th Grade

42 Qs

Administrasi Umum Kelas X AK dan AP

Administrasi Umum Kelas X AK dan AP

KG - Professional Development

40 Qs

Factors that contribute to make food unsafe: FATTOM

Factors that contribute to make food unsafe: FATTOM

11th - 12th Grade

42 Qs

AP Psych Midterm Review

AP Psych Midterm Review

9th - 12th Grade

36 Qs

POBF Unit 3

POBF Unit 3

9th - 12th Grade

41 Qs

Intro to Business: Chapter 12 Review

Intro to Business: Chapter 12 Review

Assessment

Quiz

Specialty

9th - 12th Grade

Practice Problem

Medium

Created by

Deda Rush

Used 25+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All income that a business receives over a period of time is called profit.

True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To prepare a budget, a business must be able to identify and predict the amount of each source of income and each type of expense.

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An accounts receivable record identifies the companies from which credit purchases were made and the amount purchased, paid and owed.

True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sales and profits for a specific period are reported in a company's income statement.

True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets - Liabilities = Owner's Equity

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Payroll taxes consist of income taxes, Social Security, Medicare, and unemployment taxes.

True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The company's liabilities divided by the owners' equity is the current ratio.

True
False

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?