
First Year Business
Authored by Mesfin Desta
Business
3rd Grade
Used 2+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of the following income groups is NOT considered household income?
Wage
Salary
Self Employment Earnings
Child Benefit
All are considered household income.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the following does not satisfy the definition of an "employee?"
a person who works for a charity voluntarily
a farmer who works on his own farm
a civil servant who works for a government organization
a doctor who works in a hospital
Answer explanation
The main distinction between employees and volunteers is that a volunteer does not get paid and the volunteer cannot be forced to perform the actual work.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of the following cannot satisfy the definition of an "employer"?
Bill Gates
Micro-Soft
United Nations
Air Force
All of them satisfy
Answer explanation
Any person, company, or organization (governmental and non-governmental) who pays people to work for them can be an employer.
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Click the ones you think are household income.
wages and salaries
Pensions and child benefits
Windfall income
interest on savings
The value of your house
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A grant is a sum of money paid to someone for a specific reason. It does not need to be repaid. One of the following is NOT an example of a grant.
Student Loan
EU Farm Subsidy
Student Support
Covid Support for Businesses
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Why do banks and credit unions pay interest on savings?
because they loan the money to make a profit
because they want to encourage people to save more money
because they want to keep money safely
the government told them to do so
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A dividend is the portion of the company profits paid to shareholders.
True
False
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?
Similar Resources on Wayground
12 questions
social class
Quiz
•
1st - 4th Grade
12 questions
Revisão Conta Corrente
Quiz
•
3rd Grade
10 questions
Admon de proyectos
Quiz
•
1st - 3rd Grade
15 questions
Estadística Descriptiva y Técnicas de Investigación
Quiz
•
1st Grade - University
11 questions
BUSINESS BASICS
Quiz
•
3rd Grade
10 questions
5 Fuerzas de Porter
Quiz
•
KG - 5th Grade
10 questions
Estudios Organizacionales
Quiz
•
1st - 3rd Grade
15 questions
principles of marketing chapter 8
Quiz
•
3rd Grade
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade