Unit 2 Business Management AOS 1 Quiz

Unit 2 Business Management AOS 1 Quiz

10th - 11th Grade

39 Qs

quiz-placeholder

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Unit 2 Business Management AOS 1 Quiz

Unit 2 Business Management AOS 1 Quiz

Assessment

Quiz

Business

10th - 11th Grade

Easy

Created by

Christopher Segrave

Used 56+ times

FREE Resource

39 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The outstanding payments a business is owed by its customers
accounts receivable
franchisor
debt
balance of payments

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

When one business takes over another business
assets
acquisition
business
business idea

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The process of testing and evaluating a business’s accounting processes and internal control
goodwill
business opportunity
auditing
business mentors

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A government body that has the role of enforcing the Competition and Consumer Act 2010 and a range of additional legislation promoting competition and fair trading, and regulating national infrastructure
corporate social responsibility
boycott
economic growth
Australian Competition and Consumer Commission

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The government body in charge of administering and collecting tax for the federal government
Australian Taxation Office (ATO)
goal
imports
economy

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Shows a business’s assets and liabilities (the financial position of a business) at a point in time
feasibility study
balance sheet
innovation
market conditions

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The keeping and processing of a business’s financial records
incorporated
industry
bookkeeping
effectiveness

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