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Ninth Grade (Grade 9) Business Questions

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Grade 9 Business Technology
Removing a file from a folder is called:
  1. deleting.
  2. copying.
  3. formatting.
  4. renaming.
Grade 9 Business Technology
A disadvantage of buying an exiting business is that it may be poorly located.
  1. True
  2. False
Grade 9 Business Technology
A disadvantage of buying an existing business is that
  1. capital is required.
  2. banks are less likely to lend money.
  3. policies and procedures are established.
  4. prior records make financial planning more difficult.
Grade 9 Business Technology
You should be suspicious when buying a business if the owner refuses to provide
  1. requested information.
  2. training.
  3. financing.
  4. an accountant or a valuator.
Grade 9 Business Technology
The owner of a business may sell the business because of insufficient sales or profits.
  1. True
  2. False
Grade 9 Business Technology
(Check all that apply) You can find businesses for sale through
  1. bankers.
  2. classified ads.
  3. leasing agents.
  4. stockbrokers.
Grade 9 Business Technology
               is a sum of money given by an organization for a particular purpose (often education).
  1. Financial aid
  2. Pell grant
  3. Grant
  4. Self-help Aid
Grade 9 Accounting
An accountant for a retail business has to enter A/R (Accounts Recievable), but not A/P (Accounts Payable).
  1. True
  2. False
Grade 9 Business Technology
An advantage of entering a family business is
  1. freedom to make decisions
  2. working with relatives
  3. being able to set procedures
  4. not having to compromise
Grade 9 Business Technology
           Consumer           is a person who acquires goods or services for direct use or ownership, usually by purchasing with money.
Grade 9 Business Technology
When buying an existing business, you should analyze financial accounting reports of operations for at least
  1. one year.
  2. two years.
  3. three years.
  4. five years.
Grade 9 Accounting
There are 10 total steps in the Accounting Cycle
  1. True
  2. False
Grade 9 Business Technology
Which of the following are a disadvantage of sole proprietorship?
  1. High start up costs
  2. Unlimited liability
  3. Difficult to sell
  4. Extensive record keeping
Grade 9 Human Resources
Successful supervisors provide
  1. minimal directions
  2. sufficient training
  3. free lunches
  4. advice on personal problems
Grade 9 Business Technology
A theory of consumer motivation proposed by a famous psychologist that identifies five levels of consumer needs is known as                              Maslow's Heirarchy of Needs                              
Grade 9 Accounting
Repairs of damage to a building your company owns that occurred during a heavy storm is classified as a            incurred            expense.
Grade 9 Business Technology
When writing a business            proposal           , it is important to provide a catchy introduction, thorough plan of action, and to end with a                         summary or conclusion                        
Grade 9 Accounting
        Taxes        taken in from revenues are the biggest difference between the accounting practices of a retail versus that of a service business.
Grade 9 Business Technology
A limited liability partnership combines elements of a partnership with which of the following?
  1. Corporation
  2. Franchise
  3. Partnership
  4. Sole Proprietorship
Grade 9 Human Resources
Team members should remember to match tasks to individual abilities when
  1. setting goals
  2. assigning roles
  3. communicationg
  4. assessing progress
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