EMS Grade 7
Quiz
•
Business
•
7th - 9th Grade
•
Hard
ADERO ABEUD
Used 176+ times
FREE Resource
18 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following fall under current assets
Cash
bank overdraft
buildings
motor-vehicles
Debtors
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the business expenses are more than its income.
expenses
Loss
income
revenue
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A plan that ensures income is spent wisely.
Plan
budget
diary
schedule
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The act of buying or selling.
marketing
transaction
business
dealing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money kept aside for future use.
Budget
investment
savings
bank
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Items owed by the business.
LIABILITIES
Assets
Revenue
expenses
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
items owned by the business
liabilities
property
assets
resources
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