Test Your Knowledege Of Business Concepts With This Quiz!

8 Questions | Total Attempts: 22

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Introduction To Business Quizzes & Trivia

Questions and Answers
  • 1. 
    Wages and taxes that our company pays are examples of:
    • A. 

      Revenue

    • B. 

      Loss

    • C. 

      Expenses

    • D. 

      Profit

  • 2. 
    Cash flow is:
    • A. 

      Measured as time versus revenue

    • B. 

      Is measured by output and input of hours

    • C. 

      Money paid to employees

    • D. 

      The movement of money into and out of a company

  • 3. 
    Productivity means how much was done compared to what it took to do it.
    • A. 

      True

    • B. 

      False

  • 4. 
    When expenses are subtracted from revenue and money is left over, it is called profit.
    • A. 

      True

    • B. 

      False

  • 5. 
    As of 2018, which country leads the world in manufacturing outputs?
    • A. 

      The U.S.A.

    • B. 

      India

    • C. 

      China

    • D. 

      Germany

  • 6. 
    The Standard of living is the number of goods and services people can buy with the money they have.
    • A. 

      True

    • B. 

      False

  • 7. 
    Productivity is the amount of output you generate given the amount of input.
    • A. 

      True

    • B. 

      False

  • 8. 
    Inflation is a situation in which price increases are slowing.
    • A. 

      True

    • B. 

      False

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