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Froggy Jumps

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About this activity

To help with revision for CSEC

Created by

Janneil

Jamaica

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2	Akilah🌸 April 13, 2026	% 46	12:43
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Froggy Jumps POB playOnline version To help with revision for CSEC by Janneil 1 Which of the following types of business environments is MOST typical of the Commonwealth Caribbean? a Corporate state b Mixed economy c Centrally planned 2 Which of the following is NOT a function of money? a Indivisibility b Store of value c Measure of value 3 A MAJOR function of the public sector is to: a make a profit b serve the entire population c inspire competition among businesses 4 The legal responsibility of a sole proprietor to pay any money owed by the business is described as a risk b limited liability c unlimited liability 5 Private enterprise is run MAINLY to a create profits b distribute goods and services c provide jobs for more people 6 Selectingthe objectives and the procedures for achieving goals is referred to as a planning b organizing c controlling 7 Which of the following actions BEST describes an authoritarian leader? a Willing to take suggestions b Allowing workers to plan their own work c Making decisions without consultation 8 Under which of the following categories would subsidized meals for employees fall? a Fringe benefits b Wages and salaries c Workmen's compensation 9 Which of the following is a regulatory issue for the entrepreneur? a Using a credit card to transact business b Advertising the business locally and regionally c Paying national insurance to the government 10 Cash used to secure a loan at the bank is referred to as a collateral b fixed assets c current assets 11 The condensed-version of the business plan is contained in the a marketing plan b keynote summary c executive summary 12 An analysis of the viability of a business idea and an examination of the different aspects of operating a business is known as a a business plan b feasibility study c research proposal 13 An entrepreneur may reduce his risk of loss by a planning ahead b securing bank loans c purchasing additional fixed assets 14 A contract may be discharged by a breach b inconsideration c misappropriation 15 Which of the following factors prevent(s) an agreement from being considered a valid contract? a Consideration b Legal purpose c Misrepresentation 16 The monthly payments made to an insurance company by its policyholders are known as: a deposits b premiums c instalments 17 Which of the following conditions would constitute a linkage between two industries? a Two firms manufacture similar goods b Two firms are responsible for the manufacture of different kinds of goods c The output of one industry of the economy becomes the input of another industry 18 Which of the following types of capital is used for the day-to-day operations of a business? a Fixed b Working c Nominal 19 To which of the following industries does a firm involved in food processing belong? a Service b Extractive c Manufacturing 20 Which of the following results is LEAST likely to occur from growth in an organization a Greater productivity b Increased communication c Increased capital investment 21 Which of the following businesses may BEST be classified as a cottage industry? a Mary's Craft Supplies, located at home b JMN Superstore, located in a rural area c Peter and John's company, located in Jamaicа 22 The amount of labour available for productive activity is known as a employment b labour force c labour movement 23 The BEST medium of advertising for an area with high vehicular traffic is a posters b magazines c newspapers 24 The term 'loss leader' is BEST described as a product which a the retailer is unable to locate b the retailer gives away to customers c is sold cheaply to attract customers 25 Product, price, promotion and place are components of a a market study b marketing mix c sales promotion 26 Which of the following is/are NOT a terms of sale? a Label b Patent c Brand 27 Which of the following factors is LEAST likely to influence consumer behaviour? a Product price b Quality of goods c Place of residence 28 Which of the following documents shows ownership of imported goods? a Bill of lading b Import licence c Bill of exchange 29 John operates a shop in his community. He buys goods in bulk from a nearby supermarket and sells them in small quantities to his customers. John would be referred to as a an agent b a retailer c 30 Investment can be defined as: a the amount of money available at a given time b additions to the capital stock of a country c the amount of capital owned by the government 31 Logistics in business is defined as a managing data from conception, production and storage to retrieval b using all systems to move an idea from conception to production and then sales c managing resources from the point of acquisition, storage and transportation to final destination 32 JB Auto Company decided to export carengines from Barbados to Trinidad. Which of the following methods is BEST suited for transporting the engines? a Air b Sea c Road 33 A stock market is identified with a costs and prices b risks and benefits c premium and reward 34 Which of the following is the final step in a supply chain operation? a Movement to and storage of raw materials in the warehouse b Processing of raw materials and components into finished goods c Delivering the finished product from point of origin to point of destination 35 Mr Jones has several bills of fixed amounts to pay each month. Mr Jones made an arrangement with his bank to make these monthly payments from his account. This service, provided by the battle, is referred to as a an overdraft b a fixed deposit c a standing order 36 Which of the following forms of taxation can be classified as 'direct'? a Income tax b Purchase tax c Customs duty 37 A debenture holder is one who a is paid a fixed rate of interest if the company makes profits b has first claim on any profits and is paid a fixed rate of dividends c is entitled to a fixed rate of interest whether or not the company makes profits 38 Governments offer subsidies to businesses to a increase costs and ultimately prices b reduce costs and ultimately prices c force them to pay corporation tax 39 One of the MAJOR functions of a central bank is to a issue notes and coins b accept deposit accounts c make loans and advances 40 Which of the following is NOT a source of income for an individual who engages in personal budgeting? a Salaries earned b Loan repayment c Interest from savings 41 The central bank is owned and controlled by the a government b shareholders c country's citizens 42 Education contributes to economic growth by ensuring that the workforce is highly a mobile b efficient c structured 43 The success of a government's economic policies can be MOST effectively measured by a an increase in the level of policies b an increase in the standard of living c a decrease in the level of employment 44 Which of the following measures are used by governments to redistribute income? a Custom duties and levies b Consumption tax and tariffs c PAYE and national insurance 45 The buying and selling of goods and services within the region among countries is called a balance of trade b international trade c balance of payments 46 Which of the following measures can be by the considered as incentives to industries? a Training employees b Devaluing local currency c Increasing corporation tax 47 The term 'economic dualism' defines an economy in which one sector is a highly dependent on local capital b highly dependent on foreign capital c technologically advanced while the other is technologically retarded 48 The MAIN purpose of CARlCOM is to a allow member states to collaborate b foster interregional trade and common services c allow for the unrestricted movement of persons among the territories 49 A 'price control' may be defined as a a tax on goods and services b grant given to producers to reduce their prices c government limit on the price of goods or services 50 Which of the following organizations would settle a dispute among banana producing countries of the Caribbean and Central America over a preferential agreement with the European Union? a World Trade Organization (WTO) b ARICOM Single Market and Economy (CSME) c Organization of Petroleum Exporting Countries (OPEC}

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Froggy Jumps

About this activity

Created by

Download the paper version to play

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POB playOnline version

by Janneil

Which of the following types of business environments is MOST typical of the Commonwealth Caribbean?

Which of the following is NOT a function of money?

A MAJOR function of the public sector is to:

The legal responsibility of a sole proprietor to pay any money owed by the business is described as

Private enterprise is run MAINLY to

Selectingthe objectives and the procedures for achieving goals is referred to as

Which of the following actions BEST describes an authoritarian leader?

Under which of the following categories would subsidized meals for employees fall?

Which of the following is a regulatory issue for the entrepreneur?

Cash used to secure a loan at the bank is referred to as

The condensed-version of the business plan is contained in the

An analysis of the viability of a business idea and an examination of the different aspects of operating a business is known as a

An entrepreneur may reduce his risk of loss by

A contract may be discharged by

Which of the following factors prevent(s) an agreement from being considered a valid contract?

The monthly payments made to an insurance company by its policyholders are known as:

Which of the following conditions would constitute a linkage between two industries?

Which of the following types of capital is used for the day-to-day operations of a business?

To which of the following industries does a firm involved in food processing belong?

Which of the following results is LEAST likely to occur from growth in an organization

Which of the following businesses may BEST be classified as a cottage industry?

The amount of labour available for productive activity is known as

The BEST medium of advertising for an area with high vehicular traffic is

The term 'loss leader' is BEST described as a product which

Product, price, promotion and place are components of a

Which of the following is/are NOT a terms of sale?

Which of the following factors is LEAST likely to influence consumer behaviour?

Which of the following documents shows ownership of imported goods?

John operates a shop in his community. He buys goods in bulk from a nearby supermarket and sells them in small quantities to his customers. John would be referred to as

Investment can be defined as:

Logistics in business is defined as

JB Auto Company decided to export carengines from Barbados to Trinidad. Which of the following methods is BEST suited for transporting the engines?

A stock market is identified with

Which of the following is the final step in a supply chain operation?

Mr Jones has several bills of fixed amounts to pay each month. Mr Jones made an arrangement with his bank to make these monthly payments from his account. This service, provided by the battle, is referred to as

Which of the following forms of taxation can be classified as 'direct'?

A debenture holder is one who

Governments offer subsidies to businesses to

One of the MAJOR functions of a central bank is to

Which of the following is NOT a source of income for an individual who engages in personal budgeting?

The central bank is owned and controlled by the

Education contributes to economic growth by ensuring that the workforce is highly

The success of a government's economic policies can be MOST effectively measured by

Which of the following measures are used by governments to redistribute income?

The buying and selling of goods and services within the region among countries is called

Which of the following measures can be by the considered as incentives to industries?

The term 'economic dualism' defines an economy in which one sector is

The MAIN purpose of CARlCOM is to

A 'price control' may be defined as a

Which of the following organizations would settle a dispute among banana producing countries of the Caribbean and Central America over a preferential agreement with the European Union?