Accounting 1st part-10th grade

Accounting 1st part-10th grade

10th Grade

24 Qs

quiz-placeholder

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Accounting 1st part-10th grade

Accounting 1st part-10th grade

Assessment

Quiz

Business

10th Grade

Practice Problem

Easy

Created by

Irene Viloria

Used 10+ times

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24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that offers services as its main product rather than

physical goods.

Service business

Retail business
Manufacturing business

Merchandising Business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that buys and sell goods without changing their physical

form. Also known as "Trading Business"

Selling Business
Manufacturing Business
Service Business

Merchandising Business

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that buys raw materials and process them into

final products.

Wholesaler Business

Distributor Business

Merchandising Business

Manufacturing Business

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What type of business has these advantages:

  1. Absence of Inventory

  2. No production Facilities

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What type of business has these disadvantages:

Inability To Standardize Services

Maintaining Human Capital

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What type of business has these advantages:

Visible Products

Less Conversion: Time and Effort

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What type of business has these disadvantage/s:

Managing Inventory

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