QUIZ FABM 2

The following are the forms of Business Organization, except:

• Sole Proprietorship

• Partnership

• Corporation

• Two-person Corporation

Is a business owned by a single person who has complete control over business decisions

• Sole Proprietorship

• One-Person Corporation

• Partnership

• Corporation

It's a business form where it was built through partnership agreement.

• Sole Proprietorship

• Partnership

• Corporation

• Joint Venture

Where does the major difference between general and limited partnership lies?

• Liability

• Ownership

• Capital

• Partners

The personal assets are generally protected from business debts and liabilities unlike a sole proprietorship

• Sole Propritorship

• Corporation

• One-Person Corporation

• Joint Venture

It refers to a company’s ability to be efficient in its operations.

• Efficiency Ratio

• Effectiveness Ratio

• Asset Turnover

• Capital Ratio

It measures the business' biggest expense group.

• Operating Ratio

• Working Ratio

• Liability Ratio

• Investing Ratio

This is being used by investors to choose from diverse investment opportunities available.

• Operating Ratio

• Financial Ratio

• Profitability Ratio

• Investing Ratio

It measures the capability of an entity to pay long term obligations as they fall due.

• Solvency Ratio

• Solvency Risk

• Asset-Liability Ratio

• Asset-Liability Risk

This is the measure on how it will take for the company to transform its inventory back to cash.

• Number of days in operating cycle

• Average collection period

• Inventory turnover

• Accounts receivable turnover ratio