Worksheetshele 6 Q1 Unit 1
Total questions: 15
Worksheet time: 3mins
It is a thing to produce or the goods or services produce for sale.
profit
sale
product
It is the gain resulting from sales.
price
profit
product
It is the price at which something is offered for sale.
selling price
profit
mark-up
It is the percentage or amount added to the cost of a product to determine the selling price.
product
price
mark-up
It is the price set for each item or product.
unit price
unit
selling price
It is the price paid to acquire the goods or services.
price
cost
profit
Attend seminars to improve your business.
true
false
Sell products on a cash basis so that you maintain your stock.
false
true
Do not sell the most in demand products.
false
true
Sari-sari store is a buy and sell business.
true
false
Talk to suppliers who will give quality but cheaper prices.
True
False
Registration of business is a must for legal purposes.
True
False
Make a ledger or record of the capital, expenses and profit, include the name of products, unit cost, selling price and profit.
False
True
You can get supplies of goods from neighboring sari-sari stores.
false
true
Public market wholesaler are the cheapest.
True
False
