Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
BML Test 8 Set 1
Test Description: Business Management and Law Chapter 8 Test Set 1
Instructions: Answer all questions to get your test result.
1) Which of these is a list of the type and number of items a business has on hand for sale?
A
tax records
B
inventory records
C
asset records
D
account records
2) Which of these is a list of all items of value owned by a business?
A
tax records
B
asset records
C
account records
D
inventory records
3) Which of these refers to the electronic transfer of net pay into an employee's account?
A
direct deposit
B
ATM services
C
lightning bolts of cash
D
magic
4) Financial records are generally kept and updated using
A
smoke signals
B
stone and chisel
C
computers
D
pencil and paper
5) Bills that a company plans to pay within a year are called
A
current assets
B
fixed costs
C
variable costs
D
current liabilities
6) The best source of information when preparing a budget is
A
a crystal ball
B
the company's past records
C
wikipedia
D
business mouse
7) This ratio shows the rate of return on the money invested in a company.
A
net income ratio
B
return on equity ratio
C
current ratio
D
debt to equity ratio
8) Which two financial records are important for staying out of legal trouble?
A
tax records and payroll records
B
asset records and inventory records
C
cash records and tax records
D
records of accounts and depreciation records
9) This ratio tells whether a company can pay its bills as they come due.
A
current ratio
B
net income ratio
C
return on equity ratio
D
debt to equity ratio
10) Records that contain information on employees, their pay and compensation and benefits
A
world records
B
payroll records
C
account records
D
Arista records
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?