DEMC1073 QUIZ 1 JANUARY 2024

DEMC1073 QUIZ 1 JANUARY 2024

University

15 Qs

quiz-placeholder

Similar activities

Taxes and type of Business

Taxes and type of Business

University

16 Qs

Chapter 1 Introduction to Accounting ACC117 Uitm

Chapter 1 Introduction to Accounting ACC117 Uitm

University

10 Qs

Types of Business Ownership

Types of Business Ownership

University

10 Qs

Career Decisions

Career Decisions

KG - University

16 Qs

ETR - FORMS OF BUSINESS

ETR - FORMS OF BUSINESS

University

10 Qs

CHAPTER 1: CHARACTERISTIC OF A BUSINESS ENTITIES

CHAPTER 1: CHARACTERISTIC OF A BUSINESS ENTITIES

University

20 Qs

POB Standard 2.01-02

POB Standard 2.01-02

KG - University

20 Qs

TOPIC 1 INTRODUCTION TO ACCOUNTING

TOPIC 1 INTRODUCTION TO ACCOUNTING

University

15 Qs

DEMC1073 QUIZ 1 JANUARY 2024

DEMC1073 QUIZ 1 JANUARY 2024

Assessment

Quiz

Other

University

Hard

Created by

Siti Sidik

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of business ownership?

Partnership

Sole proprietorship

Entrepreneurship

Company

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is defined as a business which is owned and operated by one individual?

Partnership

Sole proprietorship

Company

Franchise

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business structure is often used by large companies with multiple shareholders?

Sole Proprietorship

Partnership

Corporation

Limited Liability Company

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business structure requires a formal agreement between the owners?

Sole Proprietorship

Partnership

Corporation

Limited Liability Company

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Law firms and doctor's offices are examples of.....

Partnerships

Franchises

Corporations

Corporations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nike, Google and Apple are examples of.....

Franchises

Partnerships

Corporations

Sole Proprietorships

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Advantages of this business type are that the owner is their own boss and gets to keep all the profits.

Partnership

Franchise

Corporation

Sole Proprietorship

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?