Business Studies Questions
Question 41:
What is a "business cycle"?
- A The period of time it takes to complete a business trANS#action
- B The ups and downs in economic activity over time
- C The process of starting a new business
- D The steps involved in marketing a product
- E The lifecycle of a product
Question 42:
Which of the following is an example of a non-current asset?
- A Cash
- B Inventory
- C Accounts receivable
- D Machinery
- E PrepaidEXP#enses
Question 43:
What is "cash flow"?
- A The total profit of a company
- B The movement of money in and out of a business
- C The amount of money owed by customers
- D The company's revenue from sales
- E The company's fixed assets
Question 44:
What is the primary objective of financial management?
- A To maximize profit
- B To minimize costs
- C To maximize shareholder value
- D To ensure employee satisfaction
- E To improve product quality
Question 45:
Which of the following is an example of a service business?
- A A furniture manufacturer
- B A car dealership
- C A software company
- D A restaurant
- E A clothing store