Business Essentials Unit 4 Review

Business Essentials Unit 4 Review

12th Grade

20 Qs

quiz-placeholder

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Business Essentials Unit 4 Review

Business Essentials Unit 4 Review

Assessment

Quiz

Computers

12th Grade

Practice Problem

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Marketing encourages people from different countries to __________ frequently.

train

travel

think

trade

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Finance is the business function that involves managing

information.

marketing.

production.

money.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of keeping the financial records of a business is known as

accounting.

controlling.

financing.

bookkeeping.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a capital investment decision:

How to manage cash flow

How to handle accounts payable

How to manage inventory

How to finance investments

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the marketing concept, keeping company goals in mind means

putting marketing second to other company goals.

making product prices low.

containing marketing costs.

maintaining the firm’s purpose.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Checks, receipts, invoices, and purchase orders are examples of

financial statements.

department ledgers.

source documents.

accounting standards.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Of the following, which is a durable good:

Lip balm

Coffee mug

Insect repellent

Hamburger

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