7 EMS - Business Income & Expenses

7 EMS - Business Income & Expenses

7th - 8th Grade

10 Qs

quiz-placeholder

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7 EMS - Business Income & Expenses

7 EMS - Business Income & Expenses

Assessment

Quiz

Business

7th - 8th Grade

Hard

Created by

Kelly Malan

Used 50+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses make money by selling goods, services and investing money.

True

False

2.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

The correct term for the income earned from selling goods is...

3.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

The correct term for the income made by supplying a service is...

4.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

The correct term for the expense transaction: cost of goods sold is...

5.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

The correct term for the expense of employing people is...

6.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

The correct term for the expense of borrowing money is...

7.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

Income - Expenses =

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