Grade 7 EMS - Quarter 3
Authored by Candrine Atkins
Education, Business, Fun
7th Grade
Used 34+ times
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32 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What can a business sell?
Goods
Services
Goods and Services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is an entrepreneur?
someone who works for a large company
someone who starts/runs their own business
someone who studies business in University
someone who is the manager of a business
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Profit is calculated by...
Selling price minus the cost price
Cost price minus the selling price
Selling price plus the cost price
Cost price plus the selling price
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cost is ...
...the money you have
...the profit
...your income
...how much you pay for something
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Being in debt means you...
...open your own business
...owe someone money
...expand your business
...have a large income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Jane has to pay for many services and buy multiple goods every month. She has a lot of...
...profit
...loans
...money
...expenses
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An entrepreneur must be...
Disorganized
Lazy
Organized
Insecure
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