Increases in the average price level over time

Interest Rates are the

The reward for saving, The cost of borrowing

Under the CGA goods must be

Have spare parts, Of Acceptable Quality

Voluntary Organisation examples include

Riding for the Disabled Inc, Red Cross

Workplace Hazards need to be

Identified and their Harm Potential Minimised

The Fair Trading Act refers to

Deceptive & Misleading Practices

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CETA Commerce Quiz (Business Studies)

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Questions 38

Answers

1
Which is NOT an External Factor
Weather
Productivity of Capital
Pandemic
International Supply Chains
2
Which items would appear in the Balance Sheet
Assets
Expenses
Payments
Liabilities
3
"KPI" stands for
Key Performance Accelerator
Key Performance Indicator
Key Profit Indicator
Key Performance Interest
4
Which is NOT a barrier to communication
NZX Mainboard
Language
Information Overload
Internet Speed
5
Net Assets equals
Assets - Liabilities
Assets + Liabilities
Liabilities - Assets
Assets x Liabilities
6
The Human Rights Act 1993 looks at
Advocacy
Human Resourcing
Employment
Discrimination
7
Entrepreneurial Skills include
Accounting
Marketing
Supply Graphs
Risk-Taking
8
Which method of financing is only open to a company
Loans
Sale of shares
Government funding
Bank overdrafts
9
Who is this NZ entrepreneur
Peter Beck
Anna Stretton
Nick Mobray
Peter Jackson
10
A neighbour of a business is classified as a/an
Potential customer
External stakeholder
Non-governmental organisation
Interested party
11
Inflation is
a result of government policy
Caused by excess supply
Increases in prices
Increases in the average price level over time
12
"GST" stands for
Goods & Selling Transactions
Goods & Services Tax
Goods & Services Transfers
Good Service Teller
13
What are the owners of "Smile Dentistry" most likely called
Shareholders
Dentists
Partners
Investors
14
Interest Rates are the
The reward for saving
The cost of borrowing
The reward for owning property
The number of likes on Instagram
15
Pūtake refers to
Leadership
Guardianship
Reason for Being
Sustainability
16
"Bait and Switch" is not allowed in the
Healt and Safety Act
Contract Law
Fair Trading Act
Consumer Guarantees Act
17
The best Tertiary Sector example is
Forestry Sector
Primary School
Dairy Industry
Wool Industry
18
Health & Safety is covered by the
Health & Safety Act
Health & Safety at Work Act
Safety Regulations
Health & Safety Environment Act
19
Which is not included in SMART goals
Specific
Measurable
Accurate
Timebound
20
A primary sector resource is
Retail Outlet
Social Media
Farm
Factory
21
Short-Term Finance includes
Bank overdraft
Bank Loan
Credit Card
Mortgage
22
Cash Flow refers to
Profit and loss
Assets and Liabilities
Income and Expenses
Receipts and Payments
23
The NZ economy is a
Centralised Economy
Mixed Economy
Free Economy
Communist Economy
24
ERA stands for
Employing Relating Act
Employer Relations Act
Employee Relations Act
Employment Relations Act
25
Another name for the Income Statement is
Financial Position
Cash Flow
Financial Accounts
Financial Performance
26
Under the CGA goods must be
Have spare parts
Packaged Safely
Competitively Priced
Of Acceptable Quality
27
Voluntary Organisation examples include
NZ Army
Riding for the Disabled Inc
Red Cross
The Warriors
28
The minimum wage rate is
$21.20/hour
$20/hour
$22.70/hour
$16/hour
29
What company did this billionaire form?
Tesla
Apple
Amazon
Facebook
30
Workplace Hazards need to be
Identified
Have Cones placed around
Identified and their Harm Potential Minimised
Identified and Eliminated
31
The Fair Trading Act refers to
Deceptive & Misleading Practices
Second Hand Cars
Auctions
Second Hand Goods
32
Net Profit equals
Revenue / (Expenses -100%)
Expenses + Costs
Revenues - Expenses
Revenues / Expenses
33
Which is NOT an Internal Stakeholder
Owner
Workers
The Government
Managers
34
"Ltd" stands for
Lighting & Direct
Limited Liability
Limited Availability
Limitations
35
Consistent inflation is caused by the
Immigration
Wage price spiral
Supply issues
Too much demand
36
Kaitiakitanga refers to
Reason for Being
Sovereignty
Leadership
Sustainability
37
The "R" in SMART goals stands for...
Right
Religious
Righteous
Relevant
38
GST is not included on
Exported goods
Wages
Medical fees
Fruit and vegetables

CETA Commerce Quiz (Business Studies) Flashcards | StudBud