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Accounting 1st part-10th grade

Authored by Irene Viloria

Business

10th Grade

Used 10+ times

Accounting 1st part-10th grade
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24 questions

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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 BLANKS QUESTION

1 min • 1 pt

What type of business has these advantages:

  1. Absence of Inventory

  2. No production Facilities



(a)  

5.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

What type of business has these disadvantages:

Inability To Standardize Services

Maintaining Human Capital

(a)  

6.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

What type of business has these advantages:

Visible Products

Less Conversion: Time and Effort

(a)  

7.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

What type of business has these disadvantage/s:

Managing Inventory

(a)  

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