What is revenue in a business context?

Business Concepts Quiz

Quiz
•
English
•
12th Grade
•
Easy
rhea yang
Used 1+ times
FREE Resource
40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money left after expenses
Total money earned
Money spent on operations
Profit minus expenses
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is profit in a business context?
Total expenses
Revenue plus expenses
Revenue minus expenses
Total assets
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of a non-profit organization?
To maximize profit
To serve the public good
To compete in the market
To generate revenue for shareholders
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a sole proprietorship, who is liable for all debts?
The shareholders
The partners
The owner
The government
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many people are required to form a partnership?
One
Two or more
Five
Fifteen
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the minimum paid-up capital for a corporation in the Philippines (as stated in the text)?
P1,000
P2,000
P5,000
P10,000
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic system features mostly government-owned businesses?
Capitalism
Communism
Socialism
Free-market
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