Functions and role of money
Authored by Roshni Yasmin
Business
11th Grade
Used 33+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Choose a source of money.
Buying products
Salary
Travelling
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Where do businesses get money from?
By selling products and services
Paying salary to employees
Buying raw materials
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does businesses use this money for?
Buying raw materials
Paying salary to employees
Paying bills for rent, water, electricity
All of the above
4.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Unit of account means money can be used to measure the value of things. True or False?
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is legal tender?
The legal companies in a country
The legal employees of a company
The currency of a country
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
People's attitude towards money depends on the following factors:
Life events
Culture
External factors like the economy of their country
All of the above
7.
FILL IN THE BLANKS QUESTION
45 sec • 1 pt
If a person borrow money from the bank, he must pay additional amounts of money to the bank. This is sometimes called (a) .
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