WorksheetsBusiness revision
Total questions: 20
Worksheet time: 40mins
Full time, part time and casual are examples of?
Employee pay rates
Employee entitlements
Types of employeement
Factors of influence
Someone who sets up a business, taking on a financial risk in the hope for profit is a/an?
CEO (chief executive officer)
Entrepreneur
CFO (chief financial officer)
Manager
Borrowing money specifically for business purposes is called a/an?
Business loan
Mortage
Person loan
Investment
Select all the of the following that are factors of influence
Value for money
Convenience
Social and ethical
Environmental
Job security
Full time employee have more entitlements than casual employees.
True
False
Employees can be paid in..
Wages
Goods
A combination of wages and goods
Coles Little Shop Mini Collectibles
Entitlements, minimum wage and conditions for an industry are covered in the
Constitution
Fair Work act 2009
Industry award
Petty cash receipts
A law or laws created through Parliament are known as
Consitutions
Rights
Legislation
Contracts
A small amount of money kept by an organization, used for purchasing small items is called
Petite cash
Small cash
Petty money
Petty cash
Motor Vehicle Manufacturing in Australia dropped by 43.1% between 2016 and 2018, that means this industry is
collasping
evolving
declining
rising
In terms of interest, the acronym PA stands for
Per annum
Public address
Proven assets
Physician assistant
Select all the things you would see in a petty cash book
Voucher number
GST
Date
Interest
Receipts
Mortgage is an example of a/an
Entitlement
Employment type
Loan
If you were unfairly fired from your job who could you go to for help?
police
fair work ombudsman
member of parliament
taxation office
How long do you need to work in an industry to get long service leave?
5 years
10 years
8 years
7 years
Public holidays, leave and redundancy payments are examples of
entitlements
rights
bonuses
What was introduced in 1907 in Australia?
Equal pay
Maternity leave
Long service leave
Minimum wage
What was the name given to the tree used for union meetings in Barcaldine?
Tree of meeting
Tree of wisdom
Tree of knowledge
Tree of union
Annual, compassionate and sick are types of
holidays
leave
wages
receipts
If you took out a $1000 loan for 1 year at 5.4% how much would you have to pay back by the end of the year?
$540
$54
$1540
$1054
