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Business studies with Ms Wire Flashcards | StudBud
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Business studies with Ms Wire
Business studies with Ms Wire
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Questions
20
Answers
1
If k300 out of a cash float f k500 was spent in a month. How much will be reimbursed at the beginning of the month?
200
300
K500
800
2
Which of the following may not be an important factor to consider as you open a company?
Start up capital
Locality
Height of building
Competitors
3
A motor vehicle account is an example of a real account.
False
True
4
The exchange of a car for a cow is known as a credit transaction.
False
True
5
Which of the following determines the size of the business.
Height of the building
Locality
Profits made
Size of capital
6
Zanaco, Fnb and Atlas Mara are examples of commercial banks.
True
False
7
An ATM machine is only used for .... money.
Withdrawing
Depositing
Depositing and withdrawing
None of the above
8
...... Is the action of promoting goods and services.
Marketing
Costing
Pricing
SWOT
9
The source document for the cash book is a .....
Credit note
Debit note
Invoice
Receipt
10
......... Is one of the drawbacks of personal financial management.
Hand to mouth
Transparency
Banking
Control measure
11
You can tell that a transaction has come to an end when a seller issues a .....to a buyer.
Invoice
Discount
Receipt
Quotation
12
The postal service made use by commercial travelers is...
Railex
Phonogram
Telephone
Post restante
13
One of the duties of the human resource manager is to....
Attend to affairs of employees
Enaure machines are fit for use
Buy raw materials
Sell company products
14
A bureau de change is an institution that sales and buys foreign currency.
False
True
15
A ..... Is said to be an organised way of spending money.
Budget
Expenditure
Income
Capital
16
Which of the following is not counted as part of the budget.
National income
National budget
Home budget
Individual budget
17
A3+A3=
A6
A2
A4
A1
18
The Bank of Zambia is an example of a commercial bank.
True
False
19
A document which shows proof of payment for goods and services bought on cash is ....
Cheque
Money
Deposit slip
Receipt
20
When An A3 size paper is cut in half, it produces a ...
A1
A4
A6
A2