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BUSINESS TRANSACTIONS

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

Ethan's company engages in (a)   carried out by business organizations.

2.

Mia is considering starting her own business in Malaysia. She wants to know about the basic types of business organizations available to her. What are they?

a)

Sole proprietorship

b)

Partnership

c)

Limited Companies

d)

Zombie corporations

3.

When William was preparing for his new business venture, he learned that all business transactions must be supported by (a)   documents.

4.

Michael is planning to start a business in Malaysia and needs to know what currency value he should use for transactions.

a)

Indian Rupees

b)

British Pound Sterling

c)

USD

d)

Ringgit Malaysia

5.

Mia runs a logistics business and is reviewing her monthly expenses. The following are examples of recurring transactions for her business except

a)

Salary for lorry drivers

b)

Maintenance of warehouse

c)

Electricity and water bills

d)

Purchase of vehicles

6.

During a class project, Aria and her classmates are discussing different companies involved in logistics. They come across several examples but need to identify which one is not a logistics business. The following are examples of logistics business except

a)

Americold

b)

Federal Express

c)

PKT

d)

Peninsula college

7.

Michael's business is considering various transactions. The following are examples of one off transactions except for his business except

a)

Purchase of forklift

b)

Purchase of warehouse

c)

Commission for staff in marketing

d)

Purchase of air cond

8.

During a recent class discussion, Ethan asked his classmates about types of current assets. The following are the examples except

a)

Trade payable

b)

Cash

c)

Money in bank

d)

Trade payable

9.

During a logistics class, Ethan was discussing various business transactions that occur in PKT Logistics. He mentioned several examples, but one of them did not fit the category. The following are the examples of business transactions in PKT Logistics except:

a)

Haulage maintenance

b)

Fuel for machines

c)

Cargo fees

d)

Bed charges

10.

David is preparing for his POA module, and he wants to know what the passing mark is.

a)

80%

b)

No need to to exam

c)

50%

d)

40%