Intro to Business Concepts "Bonus" Review

Intro to Business Concepts "Bonus" Review

9th Grade

17 Qs

quiz-placeholder

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Intro to Business Concepts "Bonus" Review

Intro to Business Concepts "Bonus" Review

Assessment

Quiz

Business

9th Grade

Practice Problem

Easy

Created by

Hannah Gnagey

Used 17+ times

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17 questions

Show all answers

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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