M4 OC Midterm Review Sem 1 2025

In business, what's another word for selling?

• production

• profit

• distribution

• goods

Before the money system was invented, people used a trading system known as _______.

• export

• import

• buy & sell

• barter

A state enterprise requires that the government own at least ______ of the business.

• 50%

• 60%

• 51%

• 100%

Which form of business does not focus on profit as the main goal?

• sole proprietary

• partnership

• franchise

• cooperative

Business helps produce _________ for the government through the taxes paid by citizens.

• jobs

• revenue

• foreign currencies

• products

A type of business that includes banks, money changers, moeny-lending companies, etc.

• financial

• industrial

• service

• construction

WHich of these is not an example of a liability?

• rent

• debt

• profit

• bills

In a limited company, the capital is divided into ______ of equal value.

• profits

• stocks

• dividend

• revenue

Gardening and forestry belong to which type of business?

• industrial

• mining

• agricultural

• construction

What is the main goal of business?

• profit

• security

• growth

• responsibility