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Business Quizzes

Total questions: 17

Worksheet time: 10mins

Name
Class
Date
1.

________________ is prepared at the end of the accounting period to show the financial position o f business

a)

Profit & loss account

b)

Balance sheet

c)

Profit & loss statement

d)

Satetment of financial position

2.

The practice of Management written by------

a)

Peter F Drucker

b)

Terry

c)

Louis Allan

d)

Hendry Fayol

3.

POSDCORB stands for

a)

planning, organizing, staffing, directing, coordinating, reporting and budgeting.

b)

producing, organizing, staffing, directing, coordinating, reporting and budgeting.

c)

purchasing, organizing, staffing, directing, coordinating, reporting and budgeting.

d)

none of the above

4.
A job specification is an explanation of 
a)
the skills, knowledge, and characteristics required for a job.
b)
the responsibilities and tasks associated with a job.
c)
where a job is located within the company's facility.
d)
who manages the department where a job position is open.
5.
A code of ethics is
a)
adopted by a company to specify the difference between right and wrong
b)
a document covering legal issues
c)
an agreement for the government
d)
mandatory for a business
6.

______ __ _______ is the principle in which an employee should have only one supervisor to whom he or she is responsible?

(a)  

7.

Which of the following is NOT a function of management?


a)

Planning

b)

Writing

c)

Staffing

d)

Controlling

8.

What type of business ownership is owned by one person?

a)

sole proprietorship

b)

partnership

c)

entrepreneur

d)

corporation

9.
a)

Tesla

b)

Mitshubishi

c)

Mahindra

10.
What Is This Logo ?
a)
Dunkin Donuts 
b)
Krispy Kreme
c)
Starbucks
11.
Which Resturant is this ?
a)
McDonald's
b)
Chick-Fil-a
c)
Taco Bell
12.

Guess the logo


Clue: It's a music app

a)

Spotify

b)

Wynk Music (Used in India)

c)

Skype

d)

I don't know!

13.

What is this logo?

a)

Quizizz

b)

Docs

c)

Slides

d)

Chrome

14.

What logo ?

a)

World Charity

b)

United Nations

c)

Pangea Orphanage

d)

World Care

15.

Which of the following companies have this kind of logo ?

a)

LIFEBLOOM FINANCIAL GROUP

b)

WESTMILL CAPITAL

c)

LEOSTAN FINANCE

d)

GRIFFIN

16.

What is the main objective of financial accounting ?

a)

Profit and Loss Account

b)

Balance Sheet

c)

Both P/L account and Balance Sheet

d)

Trial balance

17.

Copyrights, Patents and Trademarks are,

a)

A) Current assets

b)

B) Fixed assets

c)

C) Intangible assets

d)

D) Investments