EMS Revision
Authored by TK Mkhize
Other
7th Grade
Used 181+ times
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39 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If business's expenses are more than its income.
Profit
Loss
Remuneration
Savings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of the following is not a tangible asset?
Vehicle
Business Premises
Equipment
Trading Stock
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An example of a retail business
Cafe
Plumber
Doctor
Teacher
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An example of a service business
Salon
Cafe
Tuck Shop
Grocery Shop
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of the following is not an operating expense?
Rent
Stationery
Interest paid on bond
Repairs
6.
MULTIPLE SELECT QUESTION
1 min • 2 pts
Choose 2 operating expenses
Rent
Drawings
Water & Electricity
Interest Expense
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An example of a non-current liability
Bond
Fixed Deposit
Creditor
Packing Material
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