However small or big a company is there is a need for someone or people to be involved in it, and this is why human resources are one of the subjects that an entrepreneur or a person willing to work in a business should be aware of. Do you think you can tackle this HR trivia on entrepreneurship and business? Try it out!
True
False
Cable bill
Mortgage
Accounts recievable
Car
Service, Merchandising, Manufacturing
Service, Sole Proprietorship, Manufacturing
Sole Proprietorship, Partnership, Corporation
Assets, Expenses, Income
Revenue
Income
Profit
Capital
Partnership
Sole proprietorship
Corporation
Not-for-profit
Revenue, profit, income
Service, Manufacturing, Corporation
Sole proprietorship, Partnership, Corporation
Partnership, Withdrawal, Owner's equity
Has only one owner
Never earns a profit
Buys raw materials, uses labor and machinery to transforms them into finished products
Provides a needed service for a fee
Bakes bread and packages it for the grocery store
Buys finished products and resells them to individuals or other businesses
Does not need accountants
Buys raw materials, uses labor and machinery to transforms them into finished products
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Here's an interesting quiz for you.