JA BizTown

JA BizTown

6th Grade

39 Qs

quiz-placeholder

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JA BizTown

JA BizTown

Assessment

Quiz

Social Studies

6th Grade

Practice Problem

Hard

Created by

Lindsey michellelindsey2017@gmail.com

Used 175+ times

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39 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

which of the following are business expenses?

personal care

advertising

revenue

supplies

2.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

which two bank services is a new business likely to need?

balance

salary

loan

checking account

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

prices for products that are popular often will ___

remain constant

be priced higher

supply less

be worth less

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the term for the revenue left over after paying business costs?

profit

gross balance

inventory

loss

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Charging more for an item guarantees a higher profit

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A quality business follows a model of best practices

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Good advertising only tells people what they want to hear about a product

True

False

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