Business basics
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Hard
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Used 18+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which has unlimited liability ?
PLC
LTD
Sole trader
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Another term for shares :
Equity
Working capital
Receivables
Payables
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Gross profit margin formula =
Gross profit
expenses x 100
Gross profit
cost of sales x 100
Gross profit
revenue x 100
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Inventory =
credit customers
buildings
non-current assets
stock
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Qualitative market research :
closed questions
large survey
numerical statistics
subjective opinions
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which are fixed costs ?
rent, office salaries
materials, packaging
labour wages, ingredients
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Formula for unit contribution =
Variable cost per unit minus selling price
Selling price minus variable cost per unit
Selling price times variable cost per unit
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