Q4 - TLE Assessment 5
Quiz by Jeremiah Elizalde Cena
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10 questions
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- Q1To compute the unit ___________ of each article, add the cost of materials and cost of labor.GainEarnedCostSelling price120s
- Q2You do not need toad mark-up to get the selling price.RW120s
- Q3Place or location is very important in conducting business.WR120s
- Q4The role of traders is to act as the link to the producer and distributor.RW120s
- Q5You do not need capital if you want to sell some preserved foods for a livelihood.RW120s
- Q6You need to be hard working and persistent to be able to market your products.RW120s
- Q7The sum of mark-up price and capital is the __________ExpensesSelling priceInventorySales120s
- Q8Refers to the amount of money received in exchanged for the product sold.SalesInventorySelling priceExpenses120s
- Q9This refers to the amount of gain earned from sale or service/product soldSelling priceSalesInventoryExpenses120s
- Q10Refers to the amount of money paid in exchanged for product received and purchasedSalesExpensesInventorySelling price120s