Business Basics: True or False

Yes or No

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A quick true/false quiz on core business concepts.

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Prayag

South Africa

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Business Basics: True or False


Business Basics: True or FalseOnline version A quick true/false quiz on core business concepts. by Prayag 1 A break-even point occurs when total revenue equals total costs. Yes No 2 Supply and demand determine prices in a competitive market. Yes No 3 A company's objective can include profit, growth, and value for shareholders. Yes No 4 Ethical behavior has no impact on long-term profitability. Yes No 5 In perfect competition, individual firms can influence market price. Yes No 6 Sole traders have limited liability. Yes No 7 Cash flow measures the net cash entering and leaving a business. Yes No 8 A balance sheet shows profits and losses over a period. Yes No 9 The four Ps of marketing are Product, Price, Place, and Promotion. Yes No 10 Liquidity is measured by the debt-to-equity ratio. Yes No 11 In perfect competition, firms can influence the market price. Yes No 12 Marginal cost is the increase in total cost when producing one additional unit. Yes No 13 A cash flow statement measures profitability by comparing revenues to expenses only. Yes No 14 EPS automatically increases when the company issues more shares. Yes No 15 Marketing mix refers to the 4 Ps: product, price, place, and promotion. Yes No 16 Diversification reduces risk by investing only in the highest-return stock. Yes No 17 A balance sheet lists a company's assets, liabilities, and shareholders' equity. Yes No 18 Supply and demand interact to determine the market price and quantity. Yes No 19 Net present value (NPV) measures the value of future cash flows discounted to the present. Yes No 20 The CEO is responsible for day-to-day production scheduling. Yes No

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Business Basics: True or False

Yes or No

About this activity

Created by

Download the paper version to play

Top Games

Yes or No

Grammys for best song/record

Yes or No

Adjective Checker

Yes or No

Foot and Ankle Anatomy Quiz

Yes or No

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Yes or No

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Business Basics: True or FalseOnline version

by Prayag

A break-even point occurs when total revenue equals total costs.

Supply and demand determine prices in a competitive market.

A company's objective can include profit, growth, and value for shareholders.

Ethical behavior has no impact on long-term profitability.

In perfect competition, individual firms can influence market price.

Sole traders have limited liability.

Cash flow measures the net cash entering and leaving a business.

A balance sheet shows profits and losses over a period.

The four Ps of marketing are Product, Price, Place, and Promotion.

Liquidity is measured by the debt-to-equity ratio.

In perfect competition, firms can influence the market price.

Marginal cost is the increase in total cost when producing one additional unit.

A cash flow statement measures profitability by comparing revenues to expenses only.

EPS automatically increases when the company issues more shares.

Marketing mix refers to the 4 Ps: product, price, place, and promotion.

Diversification reduces risk by investing only in the highest-return stock.

A balance sheet lists a company's assets, liabilities, and shareholders' equity.

Supply and demand interact to determine the market price and quantity.

Net present value (NPV) measures the value of future cash flows discounted to the present.

The CEO is responsible for day-to-day production scheduling.