Bece Business Studies Questions
Question 16:
What is the main purpose of a budget?
- A To track past spending
- B To forecast future revenues andEXP#enses
- C To record daily trANS#actions
- D To manage employee salaries
- E To plan marketing campaigns
View Answer & ExplanationQuestion 17:
What does the term "inventory" refer to in a business context?
- A The list of employees
- B The stock of goods available for sale
- C The company's debt
- D The list of clients
- E The company's market share
View Answer & ExplanationQuestion 18:
Which of the following is a type of partnership where all partners are equally responsible for management and liabilities?
- A Limited Partnership
- B General Partnership
- C Joint Venture
- D Corporation
- E Sole Proprietorship
View Answer & ExplanationQuestion 19:
What is meant by "e-commerce"?
- A Business conducted via the internet
- B Business conducted via telephone
- C Business conducted in physical stores
- D Business conducted through mail orders
- E Business conducted through face-to-face meetings
View Answer & ExplanationQuestion 20:
What is a trademark?
- A A legal protection for an invention
- B A legal protection for a company's logo or brand
- C A document that outlines a business plan
- D A financial statement
- E A type of partnership
View Answer & Explanation