business studies yr 7

business studies yr 7

7th Grade

40 Qs

quiz-placeholder

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business studies yr 7

business studies yr 7

Assessment

Quiz

Business

7th Grade

Medium

Created by

Nwankwo Chinwe

Used 5+ times

FREE Resource

40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A computer system has two major elements…..
Hardware and global ware
Memory and Keyboard
System ware and software
Hardware and software

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bookkeeping is an important aspect of………..
Chemistry
Mathematics
Accounting
Statistics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

….. is used for storing information
Paper
Computer
Calculator
Drawer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the reward of an entrepreneur as a factor of production?
Profit
Typing area
Interest
Wages

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All goods returned to the supplier as a result of damage are recorded in ……
Return outward journal
Sales journal
Purchases journal
Return inward journal

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person who is the sole provider of business capital and suffers losses alone is the …..
Sole proprietor
Partner
Trader
Salesmen

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are methods of making payments EXCEPT
Payment by receipts
Payment by cash
Payment by cheque
Payment by bank draft

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