Business Essentials - 2.05A Risk Reward
Authored by V .
Business
9th - 12th Grade
Used 41+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In business terms, what is profit?
A good investment
A holiday bonus
A monetary reward
A risky venture
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If expenses are greater than income, there’s no
risk.
guarantee.
reward.
sales.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In business terms, income is the money
supplied.
spent.
received.
produced.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money paid for raw materials and products sold is called
cost of goods.
net profit.
operating expense.
gross profit.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money spent to run a business is called
operating expense.
gross profit.
cost of goods.
net profit.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Gross profit shows business owners the difference between what they’ve
estimated and invoiced.
paid and risked.
received and billed.
spent and received.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business owners are usually interested in net profit because they want to know what they can
risk.
produce.
keep.
supply.
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