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ENTREPRENEURSHIP (Pre Test)

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

It is the amount of money that is brought into a company by its business activities. It is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.

a)

Profit

b)

Revenue

c)

Expense

d)

Cash

2.

It is the money a business makes after accounting for all the expenses. Regardless of whether the business is a couple of kids running a lemonade stand or a publicly traded multinational company, consistently it is every company’s goal.

a)

Profit

b)

Revenue

c)

Expense

d)

Cash

3.

It is the pursuit of opportunity without regard to resources currently controlled. Including business situations where one engages in projects involving risk where profit is uncertain.

a)

Business

b)

Entrepreneurship

c)

Knowledge

d)

Planning

4.

Which of the following is not a type of Business Organization?

a)

Partnership

b)

Merchandising

c)

Corporation

d)

Single Proprietorship

5.

It is an aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future.

a)

Goal

b)

Plan

c)

Vision

d)

Title

6.

How much is your profit if you accumulate P34,780 total revenue, P15,920 total expenses and P8,930 total liabilities?

a)

P9,930

b)

P25,850

c)

P18,860

d)

P27,790

7.

Who is the Founder, Chairman and Chief Executuve Officer of FACEBOOK?

a)

Mark Eliot Zukerburg

b)

Mark Elliot Zuckerburg

c)

Mark Elliot Zuckerberg

d)

Mark Eliot Zuckereberg

8.

Who is the richest man in the world year 2020?

a)

Elon Musk

b)

Mark Zuckerberg

c)

Jeff Bezos

d)

Bill Gates

9.

Who is the owner, founder, developer of Tiktok?

a)

Donald Trump

b)

Jam Magno

c)

ByteDance

d)

Dance Revolution

10.

Who owns and manages Riverside College Inc.?

a)

Metro Pacific Investment Corporation

b)

Mr. Samuel Z. Lee

c)

Dr. Pablo O. Torre Memorial Hospital

d)

Riverside Hospital