stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
4TH ENTREPRENEURSHIP DAY QUIZ BOWL ROUND 2 Flashcards | StudBud
Explore
/
4TH ENTREPRENEURSHIP DAY QUIZ BOWL ROUND 2
4TH ENTREPRENEURSHIP DAY QUIZ BOWL ROUND 2
10 terms
·
StudBud Administration
·
18 plays
Imported from external platform
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
It is the excess firm's assets over the firm's liabilities.
Assets
Revenue
Equity
Liabilities
2
Which account is NOT a liability count?
Cash
Accrued Expenses
Accounts Payable
Notes Payable
3
It is a physical place where people meet to sell and buy the product for their needs and consumption.
Market
Customer
Market Research
Marketing
4
Which inherent power of the State enables it to collect revenues to fund public services and national development?
Power to Tax
Police Power
Power of Legislation
Power of Eminent Domain
5
The process of gathering, analyzing and interpreting information about the market, the products or services.
Marketing System
Marketing Research
Marketing Analysis
Research
6
It is the time between the acquisition of assets for processing and their realization in cash and cash equivalents.
Accounting Provisions
Note to financial statements
Operating Cycle
Financial Reporting
7
It is the part of the product that carries information of its features and attributes.
Logo
Packaging
Label
Barcode
8
A business which is owned and usually managed by one person.
Corporation
Capitalism
Sole/Single Proprietorship
Partnership
9
If you own a business, you will need to know how to calculate your profit. Which one is a calculation of profit?
total sales - expenses
monthly sales - expenses
sales - months in a year
sales - expenses
10
Who is the current Department of Trade and Industry (DTI) Secretary?
Amenah Pangandaman
Maria Cristina Aldeguer Roque
Heide Mendoza
Christina Frasco
