Question 1

What is profit?

Accepted Answer

The difference between the amount earned and the amount spent when buying the items needed to produce goods.

Answer

Money that is lost.

Answer

Money that you win.

Question 2

Which is the correct definition of fundraiser?

Accepted Answer

Seeking financial support for a cause

Answer

Saving money for a rainy day.

Answer

Having fun raising profit.

Question 3

Which example best demonstrates fundraising?

Accepted Answer

Both a & b

Answer

Mr. Mack hosted a community car wash to help get a new printer for his printing business.

Answer

Mrs. Smith’s class needed help for their trip to Washington D.C. so they sold candy bars to help with the cost.

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