Acct 9.1 Vocab

Acct 9.1 Vocab

9th - 12th Grade

20 Qs

quiz-placeholder

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Acct 9.1 Vocab

Acct 9.1 Vocab

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

JoAnn Wilson

Used 1+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A unit of ownership in a corporation

Charter

Share of Stock

Capital Stock

Capital

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An organization with the legal rights of a person

Merchandising Business

Retail Merchandising Business

Corporation

Wholesale Business

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets or other financial resources available to a business

Capital

Charter

Vendor

Controlling Account

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that purchases and resells goods is called

Merchandise

Merchandising business

Retail Merchandising Business

Wholesale Merchandising Business

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that buys and resells merchandise primarily to other merchandising businesses.

Merchandise

Merchandising business

Retail Merchandising Business

Wholesale Merchandising Business

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The legal right for a business to conduct operations as a corporation.

Articles of Incorportion

Going Concern

Charter

Business Entity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A merchandising business that sells to those who use or consume the goods is called

Merchandise

Merchandising business

Retail Merchandising Business

Wholesale Merchandising Business

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