BE 2.05 Profit Quiz
Quiz
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Medium
Kimberly Monroe
Used 10+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In business terms, what is profit?
A monetary reward
A good investment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In business terms, income is the money
received
spent
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money spent to run a business is called
operating expense
cost of goods
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business owners are usually interested in net profit because they want to know what they can
Produce
Keep
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is a general benefit profit provides:
Meeting customer needs and wants
Better supplies
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Profitable businesses often help improve their local communities by
investing in foreign companies.
contributing to charitable causes.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a situation in which people are out of work and can’t afford “extra” purchases:
Bad economy
Unexpected event
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