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Eleventh Grade (Grade 11) Business Questions

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Grade 11 Business Technology
Product bundles are sometimes offered as a package deal that offers additional value in an attempt to increase sales
  1. True
  2. False
Grade 11 Business Technology
A decision to create some international product standards while allowing local adaptations is known as                 globalization                
Grade 11 Business Technology
Incapable of being perceived by the sense of touch, taste, or smell but yet can hold emotional or intellectual value in known as INTANGIBLE
  1. True
  2. False
Grade 11 Business Technology
ICT breakthroughs and innovations are anchored on                      telephone networks                     
Grade 11 Business Technology
                        Alexander Graham Bell                        Invented the telephone.
Grade 11 Business Technology
Internet banking is a form of e-commerce.
  1. True
  2. False
Grade 11 Business Technology
                      An Income Statement                       is a report that shows the flow of revenues and expenses over a given period of time.
Grade 11 Business Technology
Another way to classify customers, based on their lifestyles, activities, and interests rather than on age, culture, gender, etc. is known as                 psychographics                 
Grade 11 Business Technology
The amount a business earns after deducting what it spends for salaries and other expenses is known as?
  1. Profit
  2. Revenue
  3. Interest
  4. Dividends
Grade 11 Business Technology
                           A Statement of Cash Flow                            is a record that details the flow of cash through an organization over a period of time.
Grade 11 Business Technology
                      A Chart of Accounts                       is a list of accounts used by a business.
Grade 11 Business Technology
         Credit          is an amount recorded on the right side.
Grade 11 Business Technology
        Debit         is an amount recorded on the left side.
Grade 11 Business Technology
                 Owner's Equity                  is what remains after all the value of all liabilities is subtracted from the value of all assets.
Grade 11 Business Technology
The                 Balance Sheet                provides information about assets, liabilities and owner's equity on a specific date.
Grade 11 Business Technology
A management information system is
  1. a computerized system designed to help company managers.
  2. a specialized system designed by company managers.
  3. a computerized system that organizes data and creates reports.
  4. a computerized system that tracks and calculates a company's expenses and sales.
Grade 11 Business Technology
A ledger that contains all of the accounts needed to prepare financial statements is known as the                  General Ledger                 .
Grade 11 Business Technology
A GlucoWatch G2 Biographer monitors
  1. blood sugar levels.
  2. pulse rate.
  3. blood oxygen levels.
  4. the heart's electrical activity.
Grade 11 Business Technology
Cloud Storage refers to data that is stored on multiple servers and often in multiple locations.
  1. True
  2. False
Grade 11 Business Technology
Which of the following best completes this sentence? The customers, employees, stockholders, suppliers, creditors, and others who stand to gain or lose by the policies and activities of a business represent the firm's
  1. market makers
  2. economic environment
  3. stakeholders
  4. social mentors
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