
FINAL EXAM TLE - 10
Quiz
•
Life Skills
•
4th Grade
•
Practice Problem
•
Medium
Maria Sial
Used 6+ times
FREE Resource
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1. Properties owned by the business.
A. Assets
B. Liability
C. Capital
D. none of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2. Obligations of a business.
A. Assets
B. Capital
C. Liability
D. A & B
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3. Owner's equity
A. Assets
B. Capital
C. Liabilities
D. B & C
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4. The proponent prepare a ___ to determine how much capital is needed to set up the enterprise and whether it will be profitable.
A. financial study
B. management study
C. business plan
D. organizational study
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5. Is the amount or value a business firm receives from selling its goods or services.
A. income
B. expense
C. liabilities
D. None of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6. Payment of a business makes to produce income.
A. expense
B. income
C. capital
D. profit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7. These are the debts of an individual or a business.
A. proprietorship
B. income
C. liabilities
D. capital
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