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Business and Finance Quiz

You're Fired! 10 Questions.

 
Created by:
delwil61
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1
Question 1 Photo

Insurance is protection against what?

  • Something which cannot happen
  • Something which has happened
  • Something which may happen
  • Something which is sure to happen

2
Question 2 Photo

In finance, what is APR an abbreviation for?

  • Al's Protection Racket
  • Annual Percentage Rate
  • Accountants' Provisional Rebate
  • Audited Protection Relief

3
Question 3 Photo

What do bankers call the person originating a cheque or bill of exchange?

  • Drawer
  • Billee
  • Payer
  • Punter

4
Question 4 Photo

In Banking, For what is BACS an abbreviation?

  • Billing and Credit Scheme
  • British-Arab Cooperative Society
  • Business and Commerce Section
  • Bankers Automated Clearing System

5
Question 5 Photo

At what point does Gross Margin equal Fixed Costs?

  • Point of No Return
  • Vanishing Point
  • Break-Even Point
  • Zabriskie Point

6
Question 6 Photo

In the UK, what duty is payable upon the transfer of land?

  • Capital Gains Tax
  • Stamp Duty
  • Corporation Tax
  • VAT

7
Question 7 Photo

What are Liquid Assets?

  • Items quickly convertible into cash
  • Insurance policies
  • Items rented out to third parties
  • Stocks and shares

8
Question 8 Photo

What tax is payable on Premium Bond winnings in the UK?

  • 10 per cent
  • Same as current rate of VAT
  • 40 per cent
  • Nil

9
Question 9 Photo

What are the four Ps of marketing?

  • People, Platform, Performance, Push
  • Perth, Plymouth, Preston, Pudsey
  • Product, Price, Place, Promotion
  • Peter, Piper, Picked, a Peck

10
Question 10 Photo

Assurance is protection against what?

  • Something which is sure to happen
  • Something which cannot happen
  • Something which has happened
  • Something which may happen

 

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