Entrepreneurship 2 H Unit 2 Vocab

Entrepreneurship 2 H Unit 2 Vocab

12th Grade

23 Qs

quiz-placeholder

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Entrepreneurship 2 H Unit 2 Vocab

Entrepreneurship 2 H Unit 2 Vocab

Assessment

Quiz

Business

12th Grade

Practice Problem

Hard

Created by

Regina Leach Smith

Used 17+ times

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23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the cost of the inventory sold during a period

administrative costs

marketing costs

technology costs

cost of sales

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

those costs that are based only on professional services

administrative costs

cost of sales

professional fees

wages

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

forms of pay other than salary or wages

benefits

professional fees

administrative costs

gross profit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a financial gain, esp. the difference between the amount earned and the amount spent in buying, operating, or producing something

profit

gross profit

revenue

variable-cost margin

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sales are also referred to as revenue.

False

True

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All executive, organizational, and clerical costs associated with the general management of an organization rather than with manufacturing or selling

professional fees

administrative costs

marketing costs

capital expenditures

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

computer hardware and software, cellphones, printers, internet, IT support

marketing costs

administrative costs

variable costs

technology costs

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