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BUSSHART - PRINCIPLES OF BUSINESS 3.00A

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Accountants use ___________ to help them?

a)

Hammers

b)

Calculators

c)

Toolbelts

2.

An accountant helps prepare tax forms

a)

True

b)

False

3.

Which account is provided on an income statement?

a)

Income or Revenue

b)

Names of your favorite music artists.

c)

Address

4.

What is Owner's Capital?

a)

An amount allocated to the owners.

b)

A car.

c)

The name of a tax form.

5.

A credit card is an example of a liability.

a)

True

b)

False

6.

The following appears at the end of Molly's emails: Molly S. Glenn Assistant manager The Creekside Café 4422 Clearcreek Road, Danville TN, 44882 (774) -555-0034 msglenn@creeksidecafe.com This information is Molly's e-mail:

a)

carbon copy.

b)

attachment.

c)

etiquette.

d)

signature.

7.

When e-mailing large files or documents to customers, a businessperson sends them:

a)

In codes

b)

As attachments

c)

In cartoon strips

8.

Which is available to all people around the world who have access to a computer that has connectivity?

a)

Internet

b)

Extranet

c)

Aqua NeT

9.

Businesses obtain information in order to:

a)

Accomplish a task

b)

Start a chain letter

c)

Sell customer information

10.

If an employee works 40 hours a week and produces a total of 320 items, what is their total hourly productivity level?

a)

4

b)

27

c)

8

d)

512

11.

Is the effort to inform, persuade, or remind potential customers about a business's products or services.

a)

Promoting

b)

Selling Raising

c)

Prices

12.

Is an example of a person obtaining unpaid work experience.

a)

Researching information about different careers

b)

Volunteering at a local nursing home

c)

A summer job

13.

The amount and value of goods and services produced (outputs) from set amounts of resources (inputs).

a)

Economics

b)

Productivity

c)

Sales Tax

14.

Information management can be a challenge because many people

a)

Lie about their information

b)

Do not understand what it is

c)

Forge their signature

15.

In business terms, what is profit?

a)

A risky venture

b)

A monetary reward

c)

Sales tax

16.

What marketing activity is taking place when a car dealership promotes their newest vehicle on the radio?

a)

Communicating with customers

b)

Branding

c)

Licensing

17.

Is compensation paid, calculated as a percent of sales or gross margin. (1 point)

a)

Commission

b)

Sales tax

c)

Benefits

18.

An evaluation is:

a)

A review of an employee's performance.

b)

A relationship between employees.

c)

A way to fire employees.

19.

The function of management that involves communicating in ways that motivate and inspire employees toward a higher level of productivity is called

a)

Planning

b)

Directing

c)

Depressing

20.

A type of business ownership in which one or more of the owners does not have full liability is called a:

a)

Sole proprietorship

b)

Limited partnership

c)

Halftime