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BQ 2024 BUSINESS MATH 5-6

Total questions: 124

Worksheet time: 1hrs 27mins

Name
Class
Date
1.

Which of the following is not a proportion?

a)

12 = 36\frac{1}{2}\ =\ \frac{3}{6}

b)

410= 1640\frac{4}{10}=\ \frac{16}{40}

c)

45=56\frac{4}{5}=\frac{5}{6}

d)

910=1820\frac{9}{10}=\frac{18}{20}

2.
Determine the ratio of the following
'30 minutes to 2 hours'
a)
30 : 2
b)
1 : 4
c)
1 : 6
d)
None of the above
3.
In a class there are 30 boys and 12 girls. Find the ratio of number of boys to number of girls.
a)
2 : 5
b)
5 : 2
c)
3 : 4
d)
None of the above
4.
In a class there are 15 boys and 20 girls, find the ratio of number of girls to the total number of students in the class 
a)
3 : 4
b)
4 : 3
c)
4 : 7
d)
7 : 4
5.
Write if the given proportion is 'True' or 'False':
8 : 9 = 24 : 18
a)
TRUE
b)
FALSE
6.
Identify the number in the blank:
7 kg : _____kg = 14 m : 6 m 
a)
3
b)
6
c)
4
d)
2
7.
The angles of a triangle are in the ratio 1 : 2 : 3.  The angles are 
a)
45⁰ , 45⁰, 90⁰
b)
30⁰, 60⁰, 90⁰
c)
90⁰, 60⁰, 30⁰
d)
30⁰, 90⁰, 60⁰
8.
Write 'True' or 'False'.
6 : 8 and 9 : 12 are equivalent ratios of 3 : 4
a)
TRUE
b)
FALSE
9.
In an animal shelter, the ratio of dogs to cats is 5 to 3. There are 25 dogs.  Write and solve a proportion to find the number of cats.
a)
c=15
b)
c=18
c)
c=21
d)
c=16
10.
Which of these ratios is equivalent to 3:4?
a)
12:9
b)
9:20
c)
9:12
d)
803:804
11.
Solve the proportion.
a)
q=2
b)
q=9
c)
q=4.5
d)
q=6
12.
75 is 15% of what number?
a)
500
b)
20
c)
350
d)
425
13.

If a : b = 3 : 4 and b : c = 6 : 7, then a : b : c =

a)

3 : 24 : 7

b)

9 : 12 : 14

c)

7 : 24 : 3

d)

14 : 12 : 9

14.

If x : 4 = 9 : 12, then x = (a)  

15.

If 25 : x = x : 81, Then x = (a)  

16.

Find the third proportional to 36, 18

(a)  

17.

If the ratio of sides of two square is 3 : 2, then the ratio of its area is ....

a)

3 : 2

b)

9 : 4

c)

2 : 3

d)

4 : 9

18.

In the word 'BALLOONS' , the ratio between vowel letters and consonant letters is.....

a)

1 : 2

b)

3 : 5

c)

2 : 5

d)

3 : 4

19.

If 8 cats, 12 dogs and 3 rabbits are in a store of pet animals, then the ratio 8 : 23 is for ..................

a)

dogs to cats

b)

cats to dogs

c)

rabbits to cats

d)

cats to all animals

20.

Mr. Perez allocates his monthly salary for bills, food, transportation and other expenses at the ratio of 3:3:2:2. If he received P28,450.00 last month, how much did he spend for food?

a)

P2,845.00

b)

P5,690.00

c)

P8,535.00

d)

P11,380.00

21.
If there are 5 Footballs and 7 Netballs, write the ratio of Netballs to Footballs.
a)
5 is to 7
b)
7 is to 5
c)
5 is to 12
d)
7 is to 12
22.
The pet shop has 2 dogs, 4 cats, and 5 hamsters. What is the ratio of dogs to all pets?
a)
2:4
b)
2:5
c)
2:11
d)
11:2
23.
 In an animal shelter, the ratio of dogs to cats is 5 to 3. There are 25 dogs.  Write and solve a proportion to find the number c of cats.
a)
c=15
b)
c=18
c)
c=21
d)
c=16
24.
Sam and Megan share Skittles in a ratio 4:1. If there are 60 Skittles in a large bag, how many do they each get?
a)
60 and 0
b)
30 and 30
c)
20 and 40
d)
48 and 12
25.
In a certain apartment building, the ratio of tenants to cars is 3:5. If there are 30 tenants, how many cars are there?
a)
35
b)
60
c)
18
d)
50
26.

Simplify as fully as possible 28:42

a)

14 : 21

b)

3 : 2

c)

1 : 1.5

d)

2 : 3

27.

What ratio is equivalent to 3:5

a)

30 : 500

b)

9 : 15

c)

13 : 1 5

d)

1 : 2

28.

3 workers build a wall in 12 hours. How long would it have taken for 6 equally productive workers?

a)

6

b)

12

c)

36

d)

48

29.

If 35 men can reap a field in 8 days; in how many days can 20 men reap the same field?

a)

35

b)

7

c)

28

d)

14

30.

8 cows can graze a field in 28 days. How long would 4 cows take to graze the same field?

a)

48

b)

56

c)

36

d)

40

31.

What type of proportion does the table represent?

a)

Direct

b)

Inverse

c)

I dont' know

32.

The wood is to be cut into two parts in the ratio 10:15. If the wood has a length of 100 m, find the length of the bigger part.

a)

60

b)

40

c)

90

d)

30

33.

The earnings of a father and his daughter are 9:7. If they both receive Php16000, what is the share of each?

a)

8000 and 8000

b)

9000 and 7000

c)

10000 and 6000

d)

11000 and 5000

34.

The ratio of the three sides of a triangle is 1:2:3. what are the measurements of each side if the perimeter of the triangle is 120cm?

a)

20cm, 20cm, 80cm

b)

20cm, 50cm, 50cm

c)

20cm, 40cm, 60cm

d)

10cm, 10cm, 100cm

35.

In a class of 40, the ratio of boys to girls is 3:5. How many are girls? How many are boys?

a)

10 boys and 30 girls

b)

20 boys and 20 girls

c)

12 boys and 28 girls

d)

15 boys and 25 girls

36.

Which of the following is an example of direct variation?

a)

3:8 = 6:4

b)

4:3 = 40:30

c)

4:50 = 10:20

d)

A:B:C = 2:3:5

37.

Which pair of ratios are proportional?

a)

3 T-shirts for ₱840; 6 T-shirts for ₱1400

b)

16 points scored in 4 games; 48 points scored in 8 games

c)

98 words typed in 3 minutes; 162 words typed in 5 minutes

d)

15 computers for 45 students; 45 computers for 135 students

38.

Which of the following is an example of indirect variation?

a)

2:3 = 20:30

b)

3:8 = 6:4

c)

3:12 = 5:20

d)

4:20 = 6:30

39.

If 3 men can do a portion of a job in 8 days, how many men can do the same job in 6 days?

a)

4

b)

5

c)

6

d)

7

40.

A basketball team won 15 games and lost 5 games. What is the ratio of games lost to the total games won?

a)

1:3

b)

1:4

c)

3:4

d)

4:3

41.
Jonas has 3 guitars. Geraldine has 4 guitars. If the ratio of guitars is 4:3, who is first in the ratio?
a)
Jonas
b)
Geraldine
c)
Either could be first
d)
Guitar
42.
If there are 5 Footballs and 7 Netballs, write the ratio of Netballs to Footballs.
a)
5 is to 7
b)
7 is to 5
c)
5 is to 12
d)
7 is to 12
43.
The pet shop has 2 dogs, 4 cats, and 5 hamsters. What is the ratio of dogs to all pets?
a)
2:4
b)
2:5
c)
2:11
d)
11:2
44.
 In an animal shelter, the ratio of dogs to cats is 5 to 3. There are 25 dogs.  Write and solve a proportion to find the number c of cats.
a)
c=15
b)
c=18
c)
c=21
d)
c=16
45.

Simplify as fully as possible 28:42

a)

14 : 21

b)

3 : 2

c)

1 : 1.5

d)

2 : 3

46.

In a class of 10 boys and 14 girls the ratio of girls to boys is

a)

10 : 14

b)

1 : 2

c)

7 : 5

d)

5 : 7

47.

What ratio is equivalent to 3:5

a)

30 : 500

b)

9 : 15

c)

13 : 1 5

d)

1 : 2

48.
Determine the ratio of the following
'30 minutes to 2 hours'
a)
30 : 2
b)
1 : 4
c)
1 : 6
d)
None of the above
49.
Write if the given proportion is 'True' or 'False':
8 : 9 = 24 : 18
a)
TRUE
b)
FALSE
50.
Solve the proportion:
a)
4
b)
8
c)
14
d)
10
51.

If Mang Inasal wants to give ₱10,000 to his four children in the ratio of 1:2:3:4 for their weekend allowance, how much will each of the four children receive?

a)

₱450: ₱1,050: ₱1,450: ₱2,050

b)

₱500: ₱1,000: ₱1,250: ₱2,250

c)

₱1,000: ₱2,000: ₱3,000: ₱4,000

d)

₱1,000: ₱2,000: ₱2,500: ₱4,500

52.
Solve for x
a)
x=6
b)
x =1/6
c)
x = 7
d)
x=9
53.
What is it called when two or more of the same units are being compared?
a)
Rate
b)
Ratio
c)
Proportion
d)
Unit Rate
54.

There are 4 birds and 6 snakes. What is the ratio of birds to snakes?

a)

6/4

b)

2/3

c)

1/3

d)

10/16

55.
Snow fell consistently for 6 hours.
Harps said: 'We have had 30 cm of snow in 6 hours'
How much Snow per hour? 
a)
6 cm of snow per hour
b)
30 cm of snow per hour
c)
5 cm of snow per hour
d)
3 cm of snow per hour
56.

Preparation of trial balance, determination of adjusting entries, and preparation of financial statements are done in:

a)

Recording

b)

Classifying

c)

Summarizing

d)

Interpreting

57.

Analysis of the companies financial statements is done in:

a)

Recording

b)

Classifying

c)

Summarizing

d)

Interpreting

58.

It is the preparation and presentation of financial information for internal users in order to have a sound decision-making.

a)

Tax Accounting

b)

Cost Accounting

c)

Financial Accounting

d)

Managerial Accounting

59.

This user of the financial statements is concerned mostly with the liquidity of business.

a)

Customer

b)

Lender

c)

Trade Creditor

d)

Investor

60.

A user of financial statement who is concerned with the performance of the business and its ability to give returns.

a)

Customer

b)

Lender

c)

Trade Creditor

d)

Investor

61.

Who among the following users of financial statements is concerned with the solvency of the business?

a)

Customer

b)

Lender

c)

Trade Creditor

d)

Investor

62.

It is the first procedural step of the accounting process.

a)

Recording

b)

Classifying

c)

Summarizing

d)

Interpreting

63.

The properties of the business are not the properties of the owner.

This is in view of the:

a)

Accrual basis of Accounting

b)

Going-concern assumption

c)

Separate entity assumption

d)

Time-period assumption

64.

That revenue is recognized when earned and expenses are recorded when incurred are the applications of:

a)

Accrual basis of Accounting

b)

Going-concern assumption

c)

Separate entity assumption

d)

Time-period assumption

65.

Presenting financial information at cost and not in liquidating values in the view of continued existence of the business is the meaning of

a)

Accrual basis of Accounting

b)

Going-concern assumption

c)

Separate entity assumption

d)

Time-period assumption

66.

Common size analysis is also known as ———————— analysis

a)

Vertical Analysis

b)

Horizontal Analysis

67.

The financial statements of a business enterprise include:

_________________

a)

Balance sheet

b)

Statement of Profit and loss

c)

Cash flow statement

d)

All the above

68.

Financial analysis is used only by the creditors.

a)

True

b)

False

69.

State whether each of the following is True or False

In a Common size statement each item is expressed as a percentage of some common base.

a)

True

b)

False

70.

State whether each of the following is True or False :

Statement of profit and loss account shows the operating performance of an enterprise for a period of time.

a)

False

b)

True

71.

While preparing Common Size Statement, each item of income statement is expressed as % of

a)

Total Income

b)

Revenue from operation

c)

Other Income

d)

Profit before tax

72.

Revenue from operation is not taken as100 in preparing common -size statement of profit and loss.

a)

True

b)

False

73.
Writing a business plan can ensure that an entrepreneur _________. 
a)
figures out how to make her business work.
b)
meets his target revenue goals.
c)
achieves her expense projections.
74.
Making the beliefs, values, and behavioral norms explicit and intentional builds the __________ of an organization.
a)
mission
b)
culture
c)
vision
75.
Publicity is _______ promotion through media outlets.
a)
free
b)
paid
c)
discounted
76.
The _________ analysis addresses the roles of the community, region, nation, and world in a business.
a)
environmental
b)
industry
c)
business
77.
The cover page of a business plan should contain __________
a)
key financial highlights.
b)
contact information.
c)
the funding request.
78.
The quick verbal summary of a business plan is called a(n) _____________
a)
elevator pitch.
b)
concept pitch.
c)
business pitch.
79.
Dividing fixed costs by gross profit per unit yields _____________
a)
cost ratio.
b)
breakeven units.
c)
          profitability ratio.
80.
A _____________ is a document that thoroughly explains a business idea and how it will be carried out.
a)
marketing plan
b)
financial analysis
c)
business plan
81.
The ______________ section of the business plan should be written last.
a)
financial statements
b)
executive summary
c)
appendices
82.
A business plan should be _______________ to convey critical information to potential investors.
a)
long and detailed
b)
crisp and concise
c)
complex and technical
83.

Current assets include only those assets which are expected to be realized within……

a)

(A) 3 months

b)

(B) 6 months

c)

(C) 1 year

d)

(D) 2 years

84.

The financial statements of a business enterprise include:

_________________

a)

Balance sheet

b)

Statement of Profit and loss

c)

Cash flow statement

d)

All the above

85.

Financial analysis is used only by the creditors.

a)

True

b)

False

86.

While preparing Common Size Statement, each item of income statement is expressed as % of

a)

Total Income

b)

Revenue from operation

c)

Other Income

d)

Profit before tax

87.

State whether each of the following is True or False

In a Common size statement each item is expressed as a percentage of some common base.

a)

True

b)

False

88.

Common size analysis is also known as ———————— analysis

a)

Vertical Analysis

b)

Horizontal Analysis

89.

Comparative statement show the changes in

a)

Percentages

b)

Absolute amounts

c)

Both (a) and (b)

d)

Ratios

90.

While preparing common-size balance sheet each item of balance sheet is expressed as percentage of

a)

Non-current assets

b)

Current assets

c)

Non-current liabilities

d)

Total assets

91.

Which analysis is considered as dynamic

a)

Horizontal analysis

b)

Vertical analysis

c)

Internal analysis

d)

External analysis

92.

Which analysis is considered as static

a)

Horizontal analysis

b)

Vertical analysis

c)

Internal analysis

d)

External analysis

93.

Which does not belong to the group?

a)

Future Value

b)

Time

c)

Discount Rate

d)

Present Value

e)

Interest

94.

It is defined as,

"The process of accumulating interest on an investment over time to earn more interest."

a)

Compounding

b)

Future Value

c)

Simple Interest

d)

Present Value

95.

It is defined as.

"Interest earned only on the original principal amount invested."

a)

Compound Interest

b)

Simple Interest

c)

Interest on Interest

d)

Compounding

96.

True or False.

The future value increases as you increase the time to the future.

a)

TRUE

b)

FALSE

97.

TRUE OR FALSE.

The present value increases as you increase the time between the future value date and the present value date.

a)

TRUE

b)

FALSE

98.

When a lottery price is offered as $10,000,000 but will pay out a series of $250,000 payments over forty years, is it really a $10,000,000 lottery prize?

a)

YES

b)

NO

99.

What is the interest rate of 15% in four years?

a)

.8227

b)

.6830

c)

.5718

d)

.4823

100.

Suppose you need $200 to buy textbooks next year. You can earn 5 percent on your money. How much do you have to put up today?

Answer needs to have two decimal points.

a)

190.35

b)

190.64

c)

190.51

d)

190.48

101.

The rate used to calculate the present value of future cash flows, is known as

a)

Discount Cash Flow

b)

Discount Rate

c)

Discount

d)

Present Value

102.

TRUE OR FALSE.

The time value of money is the concept that a sum of money is worth more now than the same sum will be at a future date due to its earnings potential in the interim.

a)

TRUE

b)

FALSE

103.

Time‑value of money is based on the belief that a dollar that will be received at some future date is worth more than a dollar today.

a)

TRUE

b)

FALSE

104.

Future value is the value of a future amount at the present time, found by applying compound interest over a specified period of time.

a)

TRUE

b)

FALSE

105.

Interest earned on a given deposit that has become part of the principal at the end of a specified period is called compound interest.

a)

TRUE

b)

FALSE

106.

Annuity due is an amount that occurs at the beginning of each period.

a)

TRUE

b)

FALSE

107.

The future value of an annuity due is always greater than the future value of an otherwise identical ordinary annuity.

a)

TRUE

b)

FALSE

108.

The nominal (stated) annual rate is the rate of interest actually paid or earned.

a)

TRUE

b)

FALSE

109.

In future value or present value problems, unless stated otherwise, cash flows are assumed to be

a)

at the end of a time period.

b)

at the beginning of a time period.

c)

spread out evenly over a time period.

110.

When the amount earned on a deposit has become part of the principal at the end of a specified time period the concept is called

a)

discount interest.

b)

compound interest.

c)

future value.

111.

As the interest rate increases for any given period, the future value interest factor will

a)

decrease.

b)

increase.

c)

remain unchanged.

112.

The amount of money that would have to be invested today at a given interest rate over a specified period in order to equal a future amount is called

a)

future value.

b)

present value.

c)

annuity due

113.

The present value interest factor is

a)

always negative.

b)

a discount rate.

c)

always less than 1.0.

114.

The future value of a peso amount _________ as the interest rate increases and _________ the farther in the future an initial deposit is to be received.

a)

decreases; decreases

b)

decreases; increases

c)

increases; increases

115.

The annual rate of return is variously referred to as the

a)

discount rate.

b)

opportunity cost.

c)

cost of capital.

d)

all of the above.

116.

The annual rate of return is variously referred to as the

a)

discount rate.

b)

opportunity cost.

c)

cost of capital.

d)

all of the above.

117.

An annuity with an infinite life is called a(n)

(a)  

118.

The amount money a person expects to have in the future is called

a)

Principal

b)

Future Value

c)

Simple Interest

d)

Present Value

119.

Earning interest on interest is called

a)

Extra Interest

b)

Simple Interest

c)

Inflation Interest

d)

Compound Interest

120.

The idea that money to be paid out or received in the future is not equivalent to money paid out or received today

a)

Bitcoin

b)

Time Value of Money

c)

PV/FV Money

d)

Compound Interest

121.

You invest $800 in an account that pays 6% interest, compounded annually. How much money do you have after five years? Round your answers to the nearest cent.

a)

$898.09

b)

$1070.58

c)

$1710.58

d)

$975.68

122.

Steady rise in the general level of prices is known as

a)

Inflation

b)

Interest

c)

Time Value of Money

d)

Principal

123.
Katie invested $6,500 in a savings account earning 12% interest compounded quarterly.  What is the future value of this investment after five years? Round your answers to the nearest cent. 
a)
$1,235,322.65
b)
$6,895.85
c)
$11,739.72
d)
$6,901.32
124.

Which of the following is NOT a factor directly affecting the rate of interest in an economy?

a)

The demand for funds from businesses

b)

The government’s supply of funds

c)

Demand for services in an economy

d)

The supply of funds from savers

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