Test Your Knowledege Of Business Concepts With This Quiz!

8 Questions | By Steinwall | Last updated: Mar 21, 2022 | Total Attempts: 68

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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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