ME2 Unit 5

ME2 Unit 5

7th Grade

19 Qs

quiz-placeholder

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ME2 Unit 5

ME2 Unit 5

Assessment

Quiz

English, Professional Development

7th Grade

Medium

Used 5+ times

FREE Resource

19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

All the money a company takes in from doing what is does

down payment

revenue

bankrupt

income

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The final price for consumers

distribution channel

crowdfunding

retail price

profit

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When a person is completely out of money

income

bankrupt

break-even point

tax return

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Down payment is...

the initial partial payment that is followed installments you will then pay monthly

all the money a company takes in from doing what it does

your revenue minus the cost of your operation

the point where the revenue exactly the cost of a business

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When a company is unable to pay its debts and a court decides all its assets will be sold to pay the credits.

Bankrupt

break-even

profit

income

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The break-even point is...

it is a declaration of personal income made annually to the tax authorities and used to calculate the tax you owe or the refund you will get

a process of raising money online

the network of individuals of organizations involved in getting a product or service from the producer to the consumer

the point where the revenue exactly matches the cost of a business

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your revenue minus the cost of your operation

Profit

Retail price

income

crowdfunding

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