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Business Math - Midterm reviewer

Authored by CHRISTOPHER PLAZA

Mathematics

11th Grade

Used 3+ times

Business Math - Midterm reviewer
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30 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

It happens when the total revenues exceed the total expenses during a period of time.

Profit

Loss

Gain

Income

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

It occurs when total expenses exceed total revenue during a specific period.

Profit

Loss

Gain

Income

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This is the amount that includes the revenue and gains.

Profit

Loss

Gain

Income

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The income that relates to activities that are not normally part of the operations of the entity.

Profit

Loss

Income

Gain

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Marketing expenses, Advertising expenses, Salesperson salaries are examples of _______.

Tax Expense

Administrative expenses

Interest expense

Selling Expenses

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The expenses that are borrowed by companies to finance their operations.

Finance Cost

Administrative cost

Manager cost

Coast to cost

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Given: Cost Price = ₱885 and Profit = ₱838, what is the Profit %?

94.69%

93.69%

92.69%

91.69%

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