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M4 OC Midterm Review Sem 1 2025

Authored by Jesfer C. David

Life Skills

10th Grade

Used 2+ times

M4 OC  Midterm Review Sem 1 2025
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In business, what's another word for selling?

production

profit

distribution

goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

export

import

buy & sell

barter

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

50%

60%

51%

100%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

sole proprietary

partnership

franchise

cooperative

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

jobs

revenue

foreign currencies

products

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

financial

industrial

service

construction

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

WHich of these is not an example of a liability?

rent

debt

profit

bills

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