Lemonade Stand

Lemonade Stand

Professional Development

15 Qs

quiz-placeholder

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KG - Professional Development

15 Qs

Lemonade Stand

Lemonade Stand

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

Easy

Created by

Rachel Rachel

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You put RM100 of your own money into the business.

You got RM100 from a customer.

You added RM100 to your business.

You earned RM100 profit.

Answer explanation

You’re starting the business with your own money — it’s not profit yet.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You buy lemons for RM30 and pay cash.

You spent RM30 to get lemons.

You earned RM30.

You borrowed RM30.

Answer explanation

You used cash to buy something — simple spending.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You buy cups now and will pay later.

You got cups and paid cash.

You got cups and owe money.

You sold cups.

Answer explanation

You didn’t pay yet — so you owe someone.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You sell lemonade for RM50 cash.

You made RM50.

You spent RM50.

You borrowed RM50.

Answer explanation

You earned money — that’s income!

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You pay RM10 to rent your stall.

You earned RM10.

You spent RM10.

You gave RM10 to a customer.

Answer explanation

Paying rent is a cost — just like buying lemons.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You give RM5 discount to a customer.

You earned RM5.

You gave RM5 away.

You paid RM5 rent.

Answer explanation

A discount means you’re giving up part of your sale.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A customer pays you RM20 they owed earlier.

You earned RM20.

You got RM20 that was already yours.

You borrowed RM20.

Answer explanation

You already made the sale — now they’re just paying up.

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