Introduction to Business Finance Quiz
Authored by Tanner Cook
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12th Grade
Used 8+ times
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21 questions
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1.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Anything that can be bought or sold.
(a)
2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
An item that can be touched physically.
(a)
3.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Actions, tasks, or skills performed for a fee.
(a)
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the four functions of a business?
Evaluate responses using AI:
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Answer explanation
Production: making goods, delivering services
Finance: activities involving money (earnings, expense)
Marketing: identify, anticipate, satisfy consumer demand
Management: controlling and making decisions
5.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
An individual or group who buys products.
(a)
6.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Customers who purchase for their own end use.
(a)
7.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the four ways businesses generate economic benefits?
Evaluate responses using AI:
OFF
Answer explanation
- Profits for owners
- pays wages (e.g employment)
- offer consumer choices
- pays taxes (local, state, federal)
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