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Income and expenditure part 3

Authored by Catherine Nanteza

Specialty

11th Grade

Used 3+ times

Income and expenditure  part 3
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5 questions

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1.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

What does the word sales mean in business?

loss

is money that a business gets from selling products or

services.

revenue

products

2.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

_____________ is the total amount of products or services sold over a certain amount of time. The more a business sells, the

more money it receives.

sales

Sales turnover

capital income

revenue income

3.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

_____________is when the customer pays for the product

or service immediately

credit sales

cash sales

profit

sales turnover

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

__________ is when the customer buys the product or

service but pays for it at a later date.

profit

credit sales

loss

expenditure

5.

OPEN ENDED QUESTION

1 min • Ungraded

What does the word expenditure mean in business?

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