Intro to Business Concepts "Bonus" Review
Authored by Hannah Gnagey
Business
9th Grade
Used 22+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for a company or organization that operates to serve a purpose?
Revenue
Business
Manager
Supply Chain
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money remaining after all of the expense of the business are paid.
Balance Sheet
Shareholders
Profit
Corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time?
Distribution Channel
Income Statement
CEO
Business
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the group of individuals elected to oversee the activities of a company?
Board of Directors
Profit
Business
Distribution Channel
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the title for the highest-ranking executive in a company, responsible for making major corporate decisions?
CEO
Profit
Business
Income Statement
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the path through which goods and services travel from the producer to the consumer?
Distribution Channel
Board of Directors
Income Statement
CEO
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business owned by one individual, where the owner receives all the profit but is also responsible for the debts?
Corporation
Partnership
Sole Proprietorship
Non-profit Organization
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