Grade 9 Business Studies 2019 Quiz

The Accountant of the company usually sends the company Cashier to deposit cash and cheques received from customers. Which document does the Cashier use?

Which of the following statements describe the function of business plan?
(i) Helps in training of employees of the business
(ii) Shows what type of business to set up
(iii) Helps in motivating employees of the business
(iv) Helps to check on the progress of the business

Manda ensures that the right quality and quantity of goods are
maintained in the business at a low cost. Which department is in charge
of this?

What do the letters FIFO stand for?

A message sent by means of a telephone is called ....

.... Account is a high interest earning account.

The process of putting money aside for purposes of getting more financial gain is called ....

Mwangala’s net pay is K10 500.00, her total deductions are K2 500.00.
While her total allowances are K1 500.00. Calculate her gross pay.

On 31st December, 2017, the cost of Fixed Assets was K2 200.00, Current
Assets were valued at K2 000.00 and current liability were K1 200.00.
Calculate the value of working capital.

The type of Ledger in which Real and Nominal Accounts are recorded is called .... Ledger.

The Sales Account is an example of .... Account.

Goods sold on credit are first recorded in the ....

The source document that is used to start the accounting process in both
books of the buyer and seller is known as ....

The business document that shows pictures, prices and terms of payment of goods for sale is known as ....

An exchange of goods for goods is known as .... transaction.

Paper clips are used for ....

A business may be closed off because of .

Which type of business offers training to its members?Company

The filing equipment which allows files to be kept side by side is known as .... filing cabinet.

The type of an office which has more than one person in a room is called .... office.