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OtisamLMS
Business Management

Business Management · Quick practice · answer shown after each question

Finance and the business environment

Question 1 of 10

Question 1 of 10

Leasing equipment instead of buying helps a business to

Question 2 of 10

Question 2 of 10

The level of output at which total revenue equals total cost is the

Question 3 of 10

Question 3 of 10

Money invested in a business by its owners is

Question 4 of 10

Question 4 of 10

Net profit GH¢12,000 on sales of GH¢60,000 gives a net profit margin of

Question 5 of 10

Question 5 of 10

A long-term loan to a company, usually at a fixed interest rate, is a

Question 6 of 10

Question 6 of 10

A short-term source of finance from a bank that allows withdrawals beyond the account balance is

Question 7 of 10

Question 7 of 10

SWOT analysis examines strengths, weaknesses, opportunities and

Question 8 of 10

Question 8 of 10

The government agency where businesses in Ghana are registered is the

Question 9 of 10

Question 9 of 10

Retained profit is a

Question 10 of 10

Question 10 of 10

Corporate social responsibility means

Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.