Accelerated Class POB

Accelerated Class POB

9th - 10th Grade

24 Qs

quiz-placeholder

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Accelerated Class POB

Accelerated Class POB

Assessment

Quiz

Business

9th - 10th Grade

Practice Problem

Medium

Created by

Empress Dillon

Used 12+ times

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24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

0 sec • 1 pt

Barter is BEST described as the

Purchase of goods and services using cheques

Process of exchange involving the use of money

Exchange of goods and services using notes and coins

Exchange of goods and services without the use of money

2.

MULTIPLE CHOICE QUESTION

0 sec • 1 pt

Which of the following is NOT a function of money?

Indivisibility

Store of value

Exchange rate

Measure of value

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following items are not considered to be consumer goods?

Stocks of soft drinks for resale

Cars in a dealership waiting to be sold

Stationery used by the accounts department

Bottled water on the shelves of the supermarket

4.

MULTIPLE CHOICE QUESTION

0 sec • 1 pt

A MAJOR function of the public sector is to

Make a profit

Serve the entire population

Serve the interest of the shareholder

Inspire competition among businesses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following management functions is a manager engaged in when he grants a worker "Time off with pay"?

Planning

Delegating

Motivating

Supervising

6.

MULTIPLE CHOICE QUESTION

0 sec • 1 pt

Private enterprise is run MAINLY to

Create profts

Reduce inflation

Distribute goods and services

Proivde jobs for more people

7.

MULTIPLE CHOICE QUESTION

0 sec • 1 pt

The policies of a company are formulated by the

Shareholders

Auditors

Directors

Managers

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