Year 10 Business Financial Terminology

Quiz
•
Business
•
10th - 11th Grade
•
Hard

Magdalena Wojcik
Used 19+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
NET SALES an enterprise receive in a given financial period.
turnover
debt
asset
cost
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
calculated as price X quantity sold
money
Sales
revenue
credit
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
money to make or produce any product
cost
cost of buying
cost of sales
turnover
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
turnover - cost of sales=
profit
gross profit
turnover
income
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
•the profit at business makes on selling its products.
gross profit
turnover
cost
liabilities
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
all of the indirect costs of an enterprise
cost
expenses
income
sale
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
•Administration
•the salaries of managers
•utility bills
•Advertising
this is an example of ...
loan
debt
sale
expanses
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