FINAL EXAMINATION ENTREPRENEURSHIP S.Y 2023-2024

Which office will you go to register your single-owned business?

• A

• B

• C

• D

This refers to human talent, capital and workforce.

• Machine

• Manpower

• Material

• Method

___________ is the process of searching for prospective employees and stimulating them to apply for jobs in the organization.

• Advertising

• Networking

• Recruitment

• Selection

Which is a money received from the customer in exchange for products given to the customer?

• Profit

• Revenue

• Sales

• Shares

Which office do you visit to register partnership or corporation business?

• A

• B

• C

• D

The entrepreneur wants to determine the durability, usability and design acceptance to its possible customers.

• Asserting

• Critiquing

• Mentoring

• Testing

To secure Tax Identification Number (TIN), which office will you go?

• A

• B

• C

• D

A financial statement that reports the Sales or Income received, Expenses and the Net income of the business.

• Balance Sheet

• General Journal

• General Ledger

• Income Statement

Which of the following refers to the amount added to the cost of a product to determine the selling price?

• Cost

• Mark Up

• Mark Down

• Revenue

The sources of documents are called____________.

• Balance Sheet

• Income statement

• Record

• Record Keeping