7 EMS - Business Income & Expenses
Authored by Kelly Malan
Business
7th - 8th Grade
Used 51+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Businesses make money by selling goods, services and investing money.
True
False
2.
FILL IN THE BLANKS QUESTION
45 sec • 1 pt
The correct term for the income earned from selling goods is...
(a)
3.
FILL IN THE BLANKS QUESTION
45 sec • 1 pt
The correct term for the income made by supplying a service is...
(a)
4.
FILL IN THE BLANKS QUESTION
45 sec • 1 pt
The correct term for the expense transaction: cost of goods sold is...
(a)
5.
FILL IN THE BLANKS QUESTION
45 sec • 1 pt
The correct term for the expense of employing people is...
(a)
6.
FILL IN THE BLANKS QUESTION
45 sec • 1 pt
The correct term for the expense of borrowing money is...
(a)
7.
FILL IN THE BLANKS QUESTION
45 sec • 1 pt
Income - Expenses =
(a)
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