[TheBiz] πΈAssessment (100) (Unit 7)
QuizΒ by Irina
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60 questions
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- Q1βββis the value of all sales of goods and services recognized by a company in a period.ProfitIncomeRevenue30s
- Q2βββ is a financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses.ProfitExpenditureTurnover30s
- Q3The process of losing value is βββ.expenditureexpensesdepreciation30s
- Q4A fixed cost is βββ for a business that cannot be avoided regardless of the level of production or sales.fixed expensesaboveheadsan operating expense30s
- Q5Salaries of senior executives and costs of general services such as accounting are examples of βββ.administrative expensesutility expenseimpairment losses30s
- Q6The Councilor is competent for collective gender discrimination and is entitled to take βββ on behalf of female workers.to the courtlegal actionsue30s
- Q7I will do my best to βββ our account as soon as possible.settleclearpay30s
- Q8I am writing to remind you that the sum of $7,089 is still βββ.outstandingoverduedebt30s
- Q9If we do not receive payment within seven days, we will be obliged to βββ all deliveries.maintainsuspendattach30s
- Q10All invoices will be paid βββin future.on writingon receiptunder signature30s
- Q11A statement listing goods or services provided and their prices, used in business as a record of sale is βββbill of exchangeletter of creditinvoice30s
- Q12An order written by an exporter instructing an importer to pay a specified amount of money at a specified time is βββoutstanding orderbill of exchangeinvoiceletter of credit30s
- Q13The total amount of a specific good or service that is available to consumers βββstoredemandsupply30s
- Q14The income generated from sale of goods or services before any costs or expenses are deducted βββprofitrevenueincome30s
- Q15A company that is owned by a larger company is βββtakeoversubsidiaryfranchise30s