
Business and General Knowledge Quiz
Quiz
•
Mathematics
•
University
•
Hard
Dawa Tsamchoe
FREE Resource
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business organization has unlimited liability?
Corporation
Partnership
Sole proprietorship
Limited Liability Company (LLC)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term "inflation" refer to?
Increase in supply of goods
Increase in prices of goods and services
Increase in taxes
Increase in government spending
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an intangible asset?
Land
Machinery
Goodwill
Inventory
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a shareholder's share of the profits called?
Dividend
Revenue
Loan
Expense
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of a business?
Profit maximization
Employee satisfaction
Community welfare
Environmental protection
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a form of indirect tax?
Income tax
Property tax
Sales tax
Corporate tax
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the amount of money borrowed from a bank?
Revenue
Loan
Dividend
Equity
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