Day 2 - L1 - BUSK

Day 2 - L1 - BUSK

12th Grade

26 Qs

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Day 2 - L1 - BUSK

Day 2 - L1 - BUSK

Assessment

Quiz

Business

12th Grade

Practice Problem

Medium

Created by

Pa Mustapha Bojang

Used 2+ times

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26 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Carol Ltd may fail. This could indicate that the business was making

profit

loss

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The business bank account is seriously overdrawn. This could indicate that the business was making

profit

loss

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The business has an opportunity for growth. This could indicate that the business was making

profit

loss

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The business has enjoyed large volume of sales. This could indicate that the business was making

profit

loss

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The business has invested in new ventures. This could indicate that the business was making

profit

loss

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The business' suppliers have withdrawn their credit agreement. This could indicate that the business was making

profit

loss

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Sales was £78,000. Cost of sales £50,700. Wages was £7,500; Vehicles expense was £5,000. The gross profit was

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