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WorksheetsGr 8 Business end of year
Total questions: 39
Worksheet time: 27mins
Which of these is a service?
jogging shoes
plumbing
readymade dress
birthday cake
Which one of the following is NOT a factor of production?
land
table
capital
enterprise
The making of a product or service is known as
production
Input
Output
Production department
Services are not included in production.
True
False
The production department makes products and services which satisfy the needs and wants of customers
True
False
A business combines inputs to make products or services.
True
False
Production takes place when resources such as raw materials or components are changed into __
Resources
Products
Batch
Good communication skills are:
Something we are all born with
Something we must learn and practice
Always learned from television
Always learned from other kids
Clear, concise written communication is:
Not important to know how to do
Not necessary on the job or at school
Often difficult to do
Easy for everyone to do
"Communication" means
Reading, writing, and arithmetic
Speaking, writing, or acting
Exchanging thoughts, messages, or information
Teaching a school subject
Types of nonverbal communication:
Shrugging your shoulders/Smiling or frowning
Raising your voice
Answering the telephone
Interrupting another conversation
The most common form of written business communication is the ______.
business letter
fax
memo
What is the correct way to write a date on a letter?
23/12/1997
23/12/97
23 Dec, 1997
23 December, 1997
Where do you write the date on a letter?
Below the heading
Above the heading
Below the salutation
In the closing of the letter
What is the part called, where you write your address?
Body
Heading
Salutation
Closing
The part of a letter that greets the person you are writing to is called:
Solution
Opener
Greeting
Salutation
The main part (message) of a letter is called the:
Body
Salutation
Paragraphs
Letter
If there is something else in the envelope other than the letter, what do you type at the bottom?
Enclosure
Attachment
Enclosed
Your initials
How is the salutation written?
Dear Mrs. Dunworthy
To Whom it May Concern
Dear Julie
Rebecca Dunworthy
A memorandum is called (a) for short.
Memoranda are generally used to communicate with __________.
customers or clients
persons within an organization
management or administration
potential employers
Which of the following is NOT included in a memorandum?
Date
Reference
Subject
Salutation
What do the letters Encs mean?
Enclosure or Attachment
Encrypted message
Encyclopedia reference
Et cetera
In a blocked style memo or letter, everything is aligned to the __________.
left
right
centre
top
The income part of a personal budget
is not important if it is large.
only includes money from a paycheck (job).
includes all income from various sources.
is the amount left over.
The expenses section of a personal budget
should be larger than the income section of the budget.
shows the amount of money that is spent each month.
includes the amount of interest earned on investments.
is not important if income is greater than expenses.
People keep a personal budget to help them
set and reach financial goals.
earn promotions at work.
buy with credit.
buy anything they want.
Which of the following people would benefit MOST from a personal budget?
Tim carefully keeps track of his expenses.
Sue spends less than she earns.
David is saving for a major purchase.
Bob does not have enough money to pay bills.
For which item would someone MOST LIKELY need to save money in order to
purchase?
a new shirt
a new washing machine
a hair dryer
a video game
Which of the following is NOT part of a budget?
Income
Expenses
Time
I want to go to the movies
A budget is a list of
income and expenditures
things to buy
how much to save
needs and wants
Budgets are important to help us ______
do more paperwork
reach our goals
make it rain during the day
get a raise at work
Which of the following is a "fixed expense"?
Public Transportation
Entertainment
Rent
Utilities
Which of the following is a "variable expense"?
Cell Phone
Car Insurance
Savings
Food
The LaBelles prepared an expense summary. They had planned to spend $380.00 on food for the previous month but actually spent $391.25. How much more or less did they spend on food than they had budgeted for?
$8.75 less
$8.75 more
$11.25 less
$11.25 more
The Chins used records of their past expenditures to complete their budget sheet for the upcoming year. If their average monthly living expenses are $848, their fixed monthly expenses average $1,305, and their annual expenses are $3,816 what amount should they expect to spend monthly?
$318
$497
$2,471
$5,969
Which of the following are considered fixed expenses? (You can choose more than one.)
Cable subscription
Electricity
Insurance coverage
Rent
Medical fees
Which of the following are considered WANTs? (You can choose more than one.)
Concert tickets
Water
A new pair of shoes
Rent
Medical fees
Which of the following are considered NEEDs? (You can choose more than one.)
Airpods
Water
A new pair of shoes
Food
Playstation 5
