Semester 2 Exam Review- Principles of Business Management

Semester 2 Exam Review- Principles of Business Management

9th - 12th Grade

50 Qs

quiz-placeholder

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Semester 2 Exam Review- Principles of Business Management

Semester 2 Exam Review- Principles of Business Management

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

Created by

Deda Rush

Used 4+ times

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50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The most common form of business organization is the

corporation

cooperative

partnership

proprietorship

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which type of partnership is the liability of a partner limited to the amount of the partner's investment?

restricted partnership

unrestricted partnership

limited partnership

unlimited partnership

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An official document giving power to run a corporation is a

proxy

charter

partnership agreement

business plan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An agreement among two or more businesses to work together to provide a good or service is called a

limited liability partnership

joint venture

cooperative

limited liability corporation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A written agreement between two or more people identifying how they will add capital, labor or other assets and divide any profits or share any losses in their business is called a

partnership agreement

charter

business plan

certificate of incorporation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A general term that refers to the movement of information from one location to another electronically is

local area network

a wide area network

telecommunications

an optical network

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Original facts and figures that businesses generate.

data

information systems

knowledge workers

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Google

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Microsoft

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Apple

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