POBF (6.01-7.02)

POBF (6.01-7.02)

9th - 12th Grade

23 Qs

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POBF (6.01-7.02)

POBF (6.01-7.02)

Assessment

Quiz

9th - 12th Grade

Medium

Created by

Lakeshia EnloeHS

Used 20+ times

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23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons why businesses need to keep accurate accounting records?

to follow procedures

to control expenses

to eliminate risks

to regulate taxes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The role of finance in business often involves:

monitoring expenses.

paying employees.

buying supplies.

obtaining funds.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses would not be able to determine if they are meeting their financial goals without accurate:

production plans.

marketing plans.

accounting systems.

distribution systems.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When businesses invest funds to expand, they are involved in the process of:

selling.

depreciation.

finance.

capitalism.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses use the information collected through the accounting process to prepare accurate:

balance sheets.

purchase orders.

inventory forms.

promissory notes.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets a company already owns and can use to finance a new venture are called:

accounts payable.

dividends.

return on capital.

equity.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a characteristic of human resources management?

evaluating supervisors

evaluating supervisors

scheduling the work

working with people

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