
QUIZ FABM 2
Authored by Arjon Isip
Business
12th Grade
Used 3+ times

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25 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The following are the forms of Business Organization, except:
Sole Proprietorship
Partnership
Corporation
Two-person Corporation
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Is a business owned by a single person who has complete control over business decisions
Sole Proprietorship
One-Person Corporation
Partnership
Corporation
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It's a business form where it was built through partnership agreement.
Sole Proprietorship
Partnership
Corporation
Joint Venture
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Where does the major difference between general and limited partnership lies?
Liability
Ownership
Capital
Partners
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The personal assets are generally protected from business debts and liabilities unlike a sole proprietorship
Sole Propritorship
Corporation
One-Person Corporation
Joint Venture
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It refers to a company’s ability to be efficient in its operations.
Efficiency Ratio
Effectiveness Ratio
Asset Turnover
Capital Ratio
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It measures the business' biggest expense group.
Operating Ratio
Working Ratio
Liability Ratio
Investing Ratio
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