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WorksheetsBus Man U2 AOS1
Total questions: 15
Worksheet time: 8mins
The principle that is defined as keeping the owner and the business separate financially is called:
Enquiry
Entity
Entitlement
Empty
Which of the following is not a legal requirement for setting up a business?
Registering for an ABN
Registering your business name
Registering for GST
Setting up a facebook site
Ensuring that your business behaviour is not misleading or likely to mislead is covered in the:
Trade Practices Act
Workplace Health and Safety Act
Trade Policy Act
Occupation Health and Safety Act
Ensuring the safety of your employees is covered in the:
Trade Practices Act
Workplace Health and Safety Act
Trade Policy Act
Occupation Health and Safety Act
Which of the following relates to the costs associated with bank accounts?
Credit Cards
Overdrafts
Interest rates on savings
Bank fees and charges
MYOB is an example of:
Accounting standards
Accounting principles
Accounting software
Accounting schemes
The name given to having your financial records checked by an independent party is:
Cross Checking
Double Checking
Auditing
Auditor
Which of the following refers to having a supplier close by.
Proximity
Reliability
Quality
Price
Which of the following refers to having a supplier that can regularly meet your needs.
Proximity
Reliability
Quality
Price
Which of the following refers to having a supplier that provides a product/service that meets your standards.
Proximity
Reliability
Quality
Price
Policy can be defined as:
a set of broad guidelines for employees
a set of broad guidelines for management and employees
an established set of broad guidelines for employees
an established set of broad guidelines for management and employees
Procedures can be defined as:
a series of steps that enable policy to be put into action
a series of consequences if policy is breached
a waste of time
included in policy
The steps for policy development are:
Identify, consult, revise, evaluate
Identify, research, draft, monitor
Identify, research, consult, draft, revise, approve, monitor
Identify, research, consult, draft, revise, approve, distribute, monitor, evaluate
Which of the following is the best example of technology in advertising?
3D printing
Robotics
Customer data
Use of social media
Which of the following is the best example of a global issue directly effecting businesses the volume of goods companies can import?
Quota
Tariffs
Trade agreements
eBay
