ENTREPRENEUERSHIP

_____1. Which of the following is a measurement of efficiency and

ultimately business success and failure? _____1. Which of the following is a measurement of efficiency and
A. viability C. profitability ultimately business success and failure?
B. solvency D. liquidity A. viability C. profitability
_____2. How do you calculate profit? B. solvency D. liquidity
A. total sales+withholding tax C. total revenue+total expenses
B. total sales-witholding tax D. total revenue-total expenses _____2. How do you calculate profit?
A. total sales+withholding tax C. total revenue+total expenses
_____3. What is the business ability to pay off current liabilities with B. total sales-witholding tax D. total revenue-total expenses
current assets?
A. viability C. profitability _____3. What is the business ability to pay off current liabilities with
B. solvency D. liquidity current assets?
A. viability C. profitability
_____4. Which one is measured by the long-term survival and its B. solvency D. liquidity
ability to sustain profits over time?
A. viability C. profitability _____4. Which one measured by the long-term survival and its
B. solvency D. liquidity ability to sustain profits over a period of time?
A. viability C. profitability
_____5. Which refers to an enterprise's capacity to meet its long- B. solvency D. liquidity
term financial commitments?
A. viability C. profitability _____5. Which refers to an enterprise capacity to meet its long-term
B. solvency D. liquidity financial commitments?
A. viability C. profitability
_____6. Which of the following is NOT viable if your business is B. solvency D. liquidity
located near the school?
A. socks C. paper clips _____6. Which of the following is NOT viable if your business is
B. poultry feeds D. cartolina located near the school?
A. socks C. paper clips
_____7. What are the things that the customer require when B. poultry feeds D. cartolina
purchasing a product or service?
A. customer complain C. customer wants _____7. What are the things that the customer require when
B. customer request D. customer needs purchasing a product or service?
A. customer complain C. customer wants
____8. Elegant Trading bought an item worth P 10,500.00 and B. customer request D. customer needs
agreed to pay for it after three months. Luckily, they sold it after a
month and gain a profit of P 2,890.00. How much is the dealing ____8. Elegant Trading bought an item worth P 10,500.00 and
price? agreed to pay for it after three months. Luckily, they sold it after a
A. P 2,890.00 C. P 13,390.00 month and gain a profit of P 2,890.00. How much is the dealing
B. P 10,500.00 D. P 7,610.00 price?
Product Total Total Net Profit A. P 2,890.00 C. P 13,390.00
Revenue Expenses Product Total Total Net Profit
Apple 180,000.00 __________ 125,000.00 Revenue Expenses
watch Apple 180,000.00 __________ 125,000.00
Apple Head 78,000.00 35,200.00 __________ watch
set Apple Head 78,000.00 35,200.00 __________
From the below table, answer questions 9-10 set
B. P 10,500.00 D. P 7,610.00
Product Total Revenue Total Expenses Net Profit
Apple watch 180,000.00 __________ From the below table, answer questions 9-10
125,000.00
Apple Head set 78,000.00 35,200.00
__________

_____9. How much is the total expenses of the apple watch? _____9. How much is the total expenses of the apple watch?
A. 125,000.00 C. 55,000.00 A. 125,000.00 C. 55,000.00
B. 305,000.00 D. 50,000.00 B. 305,000.00 D. 50,000.00
_____10. How much is the profit of the apple head set? _____10. How much is the profit of the apple head set?
A. 113, 200.00 C. 35,200.00 A. 113, 200.00 C. 35,200.00
B. 42, 800.00 D. 78,000.00 B. 42, 800.00 D. 78,000.00

ENTREPRENEURSHIP