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Q 1/35
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It is often referred to as record keeping, is the accounting part that records transactions and business events in the form of journal entries in the accounting system.
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Q 2/35
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It is often referred to as "Business language.
developing an effective marketing strategy.
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35 questions
Q.
It is often referred to as record keeping, is the accounting part that records transactions and business events in the form of journal entries in the accounting system.
1
50 sec
Q.
It is often referred to as "Business language.
developing an effective marketing strategy.
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Q.
These are the resources owned by the business
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50 sec
Q.
These are the obligations and debt owed by the business
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It is the money earned by the business.
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Q.
It refers to the cash that flows out from the business to pay for some item or service .
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Q.
It is the value remaining after liabilities are subtracted from assets, representing the owner’s held interest in the business
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Q.
The formula of accounting equation is ___________.
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Q.
Revenues also refer to the positive cash inflows coming into your business.
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30 sec
Q.
The formula to get the net income or net loss is ___________.
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Q.
Variable Costs are the recurring, predictable costs you will have to pay for doing business.
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Q.
It is a financial report that indicates net income as the difference between revenue and expenses.
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Q.
It calculates how efficiently a company produces cash to satisfy its debt commitments, finance its operating expenses and support investments
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It provides an overview of the assets, liabilities and equity of a company's shareholders.
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This represents the sum of all net revenue since the beginning of the business minus all cash dividends paid since the beginning.
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Q.
If the Total Revenu is 150,000.00 and total Expenses is 75,000.00. How much is the Net Income/Net Loss?
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120 sec
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If the Beginning Owner's Equity is 100,000.00, then there is an additional investment of 20,000 with 10,000 net loss and 5 thousand withdrawals. How much is the ending Owner's Equity?
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120 sec
Q.
If the Beginning Owner's Equity is 100,000.00, then there is an additional investment of 20,000 with 10,000 net income and 5 thousand withdrawals. How much is the ending Owner's Equity?
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120 sec
Q.
If the Total Assets is 350,000.00 and the Total Liabilities is 150,000.00. How much is the Owner's Equity?
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120 sec
Q.
It the Total Liabilities 200,000.00 and Total Owner's Equity is 220,000.00. How much is the Total Assets?
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120 sec
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If the Total Assets is 420,000.00 and Total Owner's Equity is 200,000.00. How much is the Total Liabilities?
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Q.
Enforces tax, laws, assesses, and collects all national revenue taxes, fees and charges. All businesses are required to register with the agency. (Type the Complete Agency Name - Do not abbreviate)
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90 sec
Q.
Mandated to promote and develop cooperatives in the country. It issues a proposed cooperative certificate of registration which is needed before it can start to operate. (Type the Complete Agency Name - Do not abbreviate)
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Promotes gainful employment opportunities, protects workers and promotes their welfare, develops human resources, and maintains industrial peace. Businesses with at least five employees have to register the business with it. (Type the Complete Agency Name - Do not abbreviate)
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Promotes and regulates business activities by registering and licensing businesses. (Type the Complete Agency Name - Do not abbreviate)
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Administers the Pag-IBIG Fund. (Type the Complete Agency Name - Do not abbreviate)
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Q.
Processes applications and issues a certificate or registration for partnerships and corporations. (Type the Complete Agency Name - Do not abbreviate)
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Q.
Mandated to extend social security protection to business owners and their beneficiaries. (Type the Complete Agency Name - Do not abbreviate)
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Issued Mayor's permit and sanitation permit. (Type the Complete Agency Name - Do not abbreviate)
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Q.
It is an art of matching the benefits of the product with the needs or wishes of the customer.
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Q.
It is also known as high-pressure sales. The style is hard to drive; it's the salesman who won't take the "no" for response.
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This approach focuses on making quick sales; there is no attempt to make fast sales or long-term
customer relationship.
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It is also known as Relationship Selling. The goal of the salesperson is to get acquainted with the needs of the customer and wants him
to do or maybe she can do the best job of giving the customer what they want.
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Q.
This sales approach depends on the partnership and how collaboration between the buyer and
the seller happens.
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Q.
It is another sales approach that is widely used in this time of new technology
