Which of these actions demonstrates honesty in business?

Business Studies Revision quiz for JS1

Quiz
•
Business
•
7th Grade
•
Medium
Annabel Irorere
Used 1+ times
FREE Resource
40 questions
Show all answers
1.
OPEN ENDED QUESTION
3 mins • 1 pt
Evaluate responses using AI:
OFF
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does fair play mean in sports and games?
Cheating to win
Following the rules and being respectful
Ignoring the rules to have fun
Only playing with friends
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business organization is owned by shareholders?
Sole proprietorship
Partnership
Corporation
Cooperative
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What can happen to a business if it is not honest?
It will automatically become more successful.
It might lose customers and damage its reputation.
It will be able to avoid any legal issues.
It will gain more customer loyalty.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is bookkeeping?
Writing books
Recording financial transactions
Reading books
Selling books
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a primary purpose of bookkeeping?
To tell stories
To record financial transactions accurately
To design websites
To advertise products
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is considered a consumer in a market?
Someone who sells goods
Someone who buys goods and services
Someone who manufactures products
Someone who works for a company
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