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Employability Skills Practice Test: Entrepreneurship Skills - Basics of Accounting
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Employability Skills Practice Test: Entrepreneurship Skills - Basics of Accounting
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10 Questions

1. The amount collected by selling a product or service is called sales.
2. The methods of tracking our money that will help manage our finances is called __________    .
3.     can be accounted for as business expenses.
4. Which of the following is not a part of Money Management?
5. What is the full form of COGS?
6.     can be accounted for as business expenses.
7. The amount collected by selling a product or service is called sales.
8. Money Management can help us understand and keep track of:       
9. Money Management can help us understand and keep track of:       
10. Sheetal has a clothing retail business. She spends a total of Rs.3000 for 20 tops. She sells 20 tops for Rs.4500. Sheetal has made a ___ ?

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