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WorksheetsBusiness Management Assessment
Total questions: 13
Worksheet time: 7mins
Which of the following are business expenses?
personal care
advertising
revenue
supplies
Which two bank services is a new business likely to need?
balance
salary
loan
checking account
Price for products that are popular often will ________.
remain constant
be priced higher
supply less
be worth less
What is the tern for revenue left over after paying business costs?
profit
gross pay
inventory
loss
Charging more for an item guarantees a higher profit.
True
False
A quality business follows a model of best practices.
True
False
Good advertising only tells people what they want to hear about a product.
True
False
Net pay is the amount of money a worker receives from an employer.
True
False
The money a business collects from sales is called ________
gross balance
profit
revenue
salary
The selling price is the amount of money that a buyer pays and the seller _________ for a good or service.
earns
loses
finds
receives
To make a profit, a business's revenue has to be ________ its costs.
less than
more than
the same as
equal to
The goods that a business has in stock to sell are called ______
extra
products
services
inventory
As an employee of a business at JA BizTown, you wil receive two paychecks and need to ______________ them in the bank.
deposit
leave
take
collect
