1ST MIDTERM EXAM (HELE 6)
Authored by John Patrick Ramirez
Business
6th Grade
Used 2+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Katrina is the owner of KB’s Grocery, she offers goods and services. Therefore she is_____.
buyer
seller
creditor
none of the above
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Barney bought egg, rice and can goods to KB’s Grocery. Barney is called__________.
buyer
seller
debtor
creditor
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The buyer is also called____________.
producer
consumer
manufacturer
none of the above
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The seller must possess the following quality except;
Must have pleasing personality
He/She must think on how to gain more profit than services
He/she must have an adequate knowledge of what he/she is selling, can compute the cost of his product, determine its selling price and profit.
As a person he/she must be in good health, possess character such as being cheerful, honest and prompt in attending his costumers.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The following are the steps in making our product, which is not?
Advertise your product.
Design your product
Copy the product of others.
Decide what materials to use.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A seller is also a buyer and a buyer is also a seller.
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A plan of action to buy quality goods for a reasonable price.
Sell
Seller
Buying
Goods
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
