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Principles of Business Chapter 5 Review

Authored by Nicole King

Other

9th - 12th Grade

Used 1K+ times

Principles of Business Chapter 5 Review
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The largest number of U.S. businesses have no employees other than the owner.

true
false

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All businesses make products.

true
false

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nonprofit corporations do not have to pay corporate income taxes.

true
false

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a partnership, each partner is liable for all the debts of the business if the business fails.

true
false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most businesses use a functional organizational structure.

true
false

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the U.S. workforce is made up of contingent workers?

1%
5%
20%
35%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following type of business is NOT a producer?

pharmacy
appliance factory
coal mine
chicken farm

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