Business Studies Revision quiz for JS1

Business Studies Revision quiz for JS1

7th Grade

40 Qs

quiz-placeholder

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Business Studies Revision quiz for JS1

Business Studies Revision quiz for JS1

Assessment

Quiz

Business

7th Grade

Practice Problem

Medium

Created by

Annabel Irorere

Used 1+ times

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40 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which of these actions demonstrates honesty in business?

Evaluate responses using AI:

OFF

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does fair play mean in sports and games?

Cheating to win

Following the rules and being respectful

Ignoring the rules to have fun

Only playing with friends

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of business organization is owned by shareholders?

Sole proprietorship

Partnership

Corporation

Cooperative

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can happen to a business if it is not honest?

It will automatically become more successful.

It might lose customers and damage its reputation.

It will be able to avoid any legal issues.

It will gain more customer loyalty.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is bookkeeping?

Writing books

Recording financial transactions

Reading books

Selling books

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a primary purpose of bookkeeping?

To tell stories

To record financial transactions accurately

To design websites

To advertise products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is considered a consumer in a market?

Someone who sells goods

Someone who buys goods and services

Someone who manufactures products

Someone who works for a company

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