Want to see correct answers?
Login or join for free!
  printable Worksheets
Looking for printable worksheets?
Check out our pre-made printable worksheets!
Share/Like This Page
Filter By Grade

You are browsing Grade 12 questions. View questions in All Grades.

Grade 7 Grade 8 Grade 9 Grade 10 Grade 11 Grade 12 College Continuing Education

Twelfth Grade (Grade 12) Business Questions

You can create printable tests and worksheets from these Grade 12 Business questions! Select one or more questions using the checkboxes above each question. Then click the add selected questions to a test button before moving to another page.

Previous Page 1 of 10 Next
Grade 12 Finance
Which of the following describes when an individual, family or business assumes the total risk of economic loss?
  1. coinsurance
  2. self-insurance
  3. liability risk
  4. premium
Grade 12 Business Technology
What does a credit score tell about a consumer?
  1. The total number of credit accounts a consumer has
  2. The consumer's credit worthiness
  3. How long the person has had credit
  4. The average amount the consumer owes on their accounts
Grade 12 Business Technology
The Great Depression resulted in over 25% of all working Americans to lose their jobs.
  1. True
  2. False
Grade 12 Business
Income property is used to generate income.
  1. True
  2. False
Grade 12 Business
Notes Payable, Accounts Payable, and Wages Payable are examples of             liability             accounts which will be reported on the balance sheet.
Grade 12 Business
Accounts such as Cash, Accounts Receivable and Equipment are examples of         asset         accounts which will be reported on the balance sheet.
Grade 12 Business
Which term refers to the crime of obtaining money or some other
benefit by deliberate deception?
  1. opportunity cost
  2. investing
  3. fraud
  4. equity
Grade 12 Business
Which statement explains an advantage to investing in precious gems?
  1. Gems are not easily converted to cash.
  2. Political unrest can affect supply and demand.
  3. It can be difficult to determine the quality of a gem.
  4. People have prized precious gems throughout history.
Grade 12 Business
Homes fluctuate in value.
  1. True
  2. False
Grade 12 Business
Rental property is bought as the payments are made.
  1. True
  2. False
Grade 12 Business
Which of the following best defines fraud as it used in the insurance industry?
  1. The crime of obtaining money through deception.
  2. The act of lying for a better grade.
  3. The act of applying for an insurance claim.
  4. Theft of another's property.
Grade 12 Business
Which of the following terms refers to the amount you must pay before the insurance company will pay the claim?
  1. risk
  2. insurance
  3. deductible
  4. policy
Grade 12 Business
Sales, Rent Expense, and Interest Expense are examples of accounts that will be reported on this financial statement         income                     statement            .
Grade 12 Business
In a bank reconciliation, the deposits in transit will be an adjustment to the balance per the        bank       .
Grade 12 Business
Which is NOT considered to be a precious metal?
  1. gold
  2. emerald
  3. silver
  4. platinum
Grade 12 Business
How old must you be to buy real estate on your own?
  1. 15
  2. 18
  3. 21
  4. 23
Grade 12 Business
Which term refers to a multi-unit house which is a jointly-owned apartment building?
  1. a cooperative
  2. a condominium
  3. a townhouse
  4. a duplex
Grade 12 Accounting
What are liabilities?
  1. costs of selling products or services
  2. distributions to stockholders
  3. owners' claims to resources
  4. expense to run business
  5. amounts owed
Grade 12 Business Technology
Which type of resume places emphasis on your work experience?
  1. Chronological
  2. Skills
  3. Neither
  4. Both
Grade 12 Business Technology
which of the following statements is true?
  1. Your resume should be a list of your accomplishments
  2. Your resume should be an autobiography
  3. Your resume should simply be a list of your job duties
  4. All are true
Previous Page 1 of 10 Next
You need to have at least 5 reputation to vote a question down. Learn How To Earn Badges.