Introduction to Business MCQs

True Tamplin

Written by True Tamplin, BSc, CEPF®
Updated on July 22, 2022

This test includes 25 multiple choice questions (MCQs) covering an introduction to business and business ethics. It will be helpful for accounting and finance students as a tool to prepare for exams or interviews.

In this quiz, each question has 4 options. You need to choose the correct option to move onto the next question. Whenever you are ready, you can begin the test below.

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Frequently Asked Questions

What is a business objective?

A business objective is a statement of what the company has achieved or a statement of what the company is trying to achieve.

What is the meaning of the term Business?

The main objective of any business is to earn a profit.

What is the meaning of the term Business?

What is the meaning of the term Business?

What is the introduction to business in accounting?

The introduction to business in accounting is the understanding of cost behavior. Cost behavior is the way that a company’s costs change in response to different levels of activity within the company. There are three primary types of cost behavior: fixed, variable, and mixed. Understanding how a company’s costs behave is important for making informed business decisions.

What is the role of a business?

A company’s main function is to provide consumers with the goods and services they need.

True Tamplin, BSc, CEPF®

About the Author
True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, or check out his speaker profile on the CFA Institute website.

2 thoughts on "Introduction to Business MCQs"

    1. We aim to keep things simple and understandable to all. Thanks for stopping by our accounting resource!

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