Introduction To Business: 9th Grade Quiz!

20 Questions | Total Attempts: 38

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Introduction To Business: 9th Grade Quiz!

What do you think you learn about business? This 9th grade quiz will be helpful in testing how much you know. Regarding this quiz, you will need to know whether individuals use a savings account to help them accumulate money, what is true about an income statement, which asset is the most liquid, and the Apple logo. You surely must take this spectacular quiz.


Questions and Answers
  • 1. 
    A savings account is used by individuals to help them accumulate money.
    • A. 

      True

    • B. 

      False

  • 2. 
    A _________ cheque is signed by the bank and guarantees payment to the recipient.
  • 3. 
    Which of the following is not true about an income statement?
    • A. 

      Working capital is a success that can be measured using this financial statement.

    • B. 

      It includes net profit.

    • C. 

      Gross profit percentage is a success that can be measured using this financial statement.

    • D. 

      Shows a business's profitability over a stated time.

  • 4. 
    Which of the following assets is the most liquid?
    • A. 

      Bow ties

    • B. 

      Cash

    • C. 

      Owned property

    • D. 

      All have the same amount of liquidity.

  • 5. 
    The Apple logo is an example of...
    • A. 

      Monogram logo

    • B. 

      Visual symbol logo

    • C. 

      Abstract symbol logo

  • 6. 
    Which of the followings are part of the imaging for a product or service? 
    • A. 

      Product

    • B. 

      Slogan

    • C. 

      Logo

    • D. 

      Brand name

    • E. 

      Price

  • 7. 
    Welfare is an example of a ________ transfer.
  • 8. 
    Real estate is an example of an investment income.
    • A. 

      True

    • B. 

      False

  • 9. 
    Which of the following does not affect a person's salary?
    • A. 

      Education

    • B. 

      Area-live

    • C. 

      State of economy

    • D. 

      They all affect a person's salary

  • 10. 
    When a Canadian invests money in another country, we call it the...
    • A. 

      FDI

    • B. 

      NAFTA

    • C. 

      WTO

    • D. 

      CDIA

  • 11. 
    Baby boomers were born between...
    • A. 

      1947-1961

    • B. 

      1982-1996

    • C. 

      1935-1950

    • D. 

      1967-1981

  • 12. 
    A jingle is a slogan set to music.
    • A. 

      True

    • B. 

      False

  • 13. 
    A franchisee provides a license privilege to the franchiser. 
    • A. 

      True

    • B. 

      False

  • 14. 
    Which of the following businesses would have direct labor?
    • A. 

      Golf club

    • B. 

      Movie theatre

    • C. 

      Shoe store

    • D. 

      Shoe manufacturer

  • 15. 
    When a business buys something on credit, they create an...
    • A. 

      Account payable

    • B. 

      Account receivable

    • C. 

      Expense

    • D. 

      Operating cost

  • 16. 
    Copyright is....
    • A. 

      The legal right of ownership of artistic works and ideas

    • B. 

      Registration of the inventor's legal right of ownership of his or her invention

    • C. 

      Obtaining permission from the inventor of a product to use his or her product

    • D. 

      All are part of copyright

  • 17. 
    The smart phone is an innovation to the cell phone.
    • A. 

      True

    • B. 

      False

  • 18. 
    In which year did NAFTA come in effect.
    • A. 

      1919

    • B. 

      1967

    • C. 

      1994

    • D. 

      1824

  • 19. 
    APEC stands for ______
  • 20. 
    How many countries take part in NAFTA?
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