WorksheetsSmall Scale Business
Total questions: 10
Worksheet time: 5mins
The amount of money spend for the materials and labor that a person uses in coming out with a product to sale.
Mark up
Capital
Profit
The percentage added to the cost of a product.
Capital
Profit
Mark up
The amount left after all expenses in the production, delivery, packaging, and other expenses was deducted.
Mark up
Profit
Capital
A most common method of retailing wherein the customer personally goes to the store
Mail-Order Retailing
Direct selling
Over-the-counter
Automatic vending machine
Customers examine the catalog and advertisement for merchandise he wants to buy, then the order is mailed or placed through the telephone to the retailer's place
Over-the-counter
Direct selling
Automatic vending machine
Mail-order retailing
The salesperson goes to the home of the consumer with the goods or merchandise.
Over-the-counter
Mail-order retailing
Direct selling
Automatic vending machine
This is placed on automatic machines, it contains slots wherein a certain amount of money is inserted.
Over-the-counter
Mail-order retailing
Direct selling
Automatic vending machine
It refers to the number of goods sold and the sum of money received in exchange for goods.
Purchase Record
Sales Record
Inventory Record
It is where the number of goods purchased is recorded.
Sales Record
Purchase Record
Inventory Record
It is the record of goods that are on hand at the beginning of the period and the number of goods left at the end of the period.
Purchase Record
Sales Record
Inventory Record
