HELE 5 Review Activity

What type of business that has only one owner?

• A. corporation

• B. partnership

• C. sole proprietorship

Which government agency has a role in making sure that the business name is only given to one person?

• A. BIR

• B. SSS

• C. DTI

What do you call the correct behavior when using an internet?

• A. cyber ethics

• B. etiquette

• C. netiquette

Which of the following is not a proper netiquette?

• A. Think before posting

• B. Spamming others

• C. Use of respectful language

What do you call the ability to understand and effectively use skills in terms of money management decisions?

• A. budgeting

• B. financial literacy

• C. financial stability

One can identify profitable business by asking people personally what they need.

• True

• False

What do you call the chicken that lay eggs?

• A. broilers

• B. duck

• C. layers

12.     Which of the following is an example of a financial transaction through E-commerce?

• A. Alexa advertise his products online.

• B.      Joyce stored her files on the flash drive.

• C.      Kat withdrew her money through the automated teller machine.

Products are usually referred to as goods, commodities, or merchandise?

• True

• False

Services are produced in the interaction between the customer and the service provider.

• True

• False