Entrepreneurship_Module 8 Quiz

Record keeping can be both physical and electronics.

• True

• False

Record keeping can measure the profit and performance of the

enterprise.

• True

• False

Professional advice is not needed during the business operation.

• True

• False

Bookkeeping is only important to the accountant.

• True

• False

Professional advice is necessary before starting the business.

• True

• False

Records are sources of documents.

• True

• False

Tasks before starting the business should have a time

allotment.

• True

• False

The objective of the businessman should be clear.

• True

• False

Record keeping is beneficial to the owner.

• True

• False

Record keeping is not necessary in business operation.

• True

• False