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EPP 5 QUIZ

Authored by CLARA TABILIRAN

Life Skills

5th Grade

Used 1+ times

EPP 5 QUIZ
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which method of selling products is the most appropriate to do if the seller has plenty of fish or chicken?

Sell the product by piece

Sell the product by fixed quantity

Sell the product wholesale

Sell the product to the market traders

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term that refers to the future expenses of a business, including market stall rental, maintenance expenses, and electricity bill?

Labor cost

Future cost

Material cost

Overhead cost

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of determining the selling price or selling cost of a particular product or service?

Costing

Pricing

Valuing

Amounting

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are examples of profitable opportunities in raising fish and chickens, EXCEPT ONE.

Fish spa

Clothing

Restaurant

Poultry farm

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Lyza’s family owns a fish pond. There are a total of 200 catfishes. After computing the expenses of putting up the fish pond, the material cost is exactly PhP 5,000.00. It also appears that both total labor cost and overhead cost amount to PhP 10,000.00. What will be the product cost for each catfish?

PhP 75.00

Php 125.00

PhP 150.00

PhP 200.00

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a fish that lives in brackish water and is suitable to grow in cages, but is harder to raise.

Trout

Catfish

Tilapia

Bass

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Why do we never overcrowd a fish tank or an aquarium?

To prevent the fishes from dying due to lowering oxygen level

To allow them to survive

To maintain the certain temperature of water

To give life to the aquarium

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