business Quiz

Question Number 1 It is a software used to find and view web pages. A. Software B. Internet Browser C. Communication D. Database Program Question Number 2 It is a program where rows and columns of data. A. MS Word B. MS Powerpoint C. MS Excel D. MS Access Question Number 3 It is made when receipt or money that flows into business is greater than the disbursements or money that flows out. A. Profit B. Credit C. Services D. Selling of Goods Question Number 4 The goods will be paid in cash or current dated check as soon as the product or service is delivered. A. Charge B. Cash on Delivery C. Consignment Basis Question Number 5 The goods will be paid for a number of days. A. Consignment Basis B. Charge C. COD Question Number 6 The goods delivered to a retailer or wholesaler will be paid only when the goods are sold. A. COD B. Charge C. Consignment Basis Question Number 7 Checking and maintaining records on the stock of goods or material. A. Goods B. Cost of goods C. Operating Expenses D. Stock Control Question Number 8 It is the process of computing the cost of each individual product. A. Rental B. Costing C. Salary D. Interest Question Number 9 It is selling by buying big quantities from you and sell them to retailers or customers. A. Sales Representative B. Retail C. Wholesale D. Delivery Question Number 10 It can do the selling by buying smaller quantities from you. A. Sales Representative B. Wholesale C. Retail D. Cost of Selling Question Number 11 It is the product is packed and ready to be sent to the customer. A. Storing B. Packing C. Processing D. Storing Question Number 12 It is a checking that the product has been made correctly and in good quality. A. Inspection B. Assembling C. Packing D. Storing Question Number 13 It is a checking that the product has been made correctly and in good quality. A. Inspection B. Assembling C. Packing D. Storing Question Number 14 This includes painting, polishing, washing, dying, glueing and others. A. Packing B. Storing C. Assembling D. Finishing Question Number 15 Parts are put together to make a product. A. Purchasing Materials B. Storing C. Processing D. Assembling Question Number 16 It is a raw material are processed for example by cutting, sawing, printing, machining and others. A. Labor B. Processing C. Inspection D. Material Question Number 17 It is the process of assembling and transforming raw materials into a new product. A. Processing B. Labor C. Manufacturing D. Machinery and Tools Question Number 18 It allows prospective customer to see what costs would be involved for the work they would like to have done. A. Sales Representative B. Sales Quatation C. Sales Quotation Question Number 19 It contains the name,position,company and address of the person to whom the letter is written A. Signature B. Date C. Inside Address D. Block Form Question Number 20 It is the part of letters that contains the complimentary ending. A. Closing B. Letter Head C. Semi-Block Form D. Body of the Letter Question Number 21 It is a leaflet or pamphlet that advertises products or service that is usually printed with eye catching designs. A. Memo B. Mail Merge C. Fax D. Brochure Question Number 22 It is the document which presents a specific content submitted to an individual or in public. A. Memo B. Mail Merge C. Fax D. Report Question Number 23 It is a credit to increase the amount, debit to decrease the amount A. Liabilities B. Assets Question Number 24 It is a debit to increase the amount, credit to decrease the amount. A. Assets B. Liabilities Question Number 25 The ledger contains two parts. A. True B. False Question Number 26 The subsidiary book records cash only. A. True B. False Question Number 27 It is the normal balance of an assets. A. Account B. Debit C. Ledger D. Bookkeeping Question Number 28 It is the normal balance of liabilities and owner's equity. A. Asset B. Sales Subsidiary book C. Credit Question Number 29 It is a document that contains summary of job experience. educational attainment and other information A. Resume B. Vitae C. Bio-Data D. All of the Above Question Number 30 It is a set of instruction in a machine that tells the computer what to do how to do it. A. Hardware B. Software