COMPLETE TEST BANK FOR _ Business Essentials, Eighth Canadian Edition 8 by Ronald J. Ebert ||CORRECT ANSWERS||COMPLETE GUIDE

COMPLETE TEST BANK FOR _

Business Essentials, Eighth Canadian Edition 8

by Ronald J. Ebert ||CORRECT ANSWERS||COMPLETE GUIDE

8TH Edition

,Table of Contents
Unit 1: Laying a Foundation ........................................................................... Error! Bookmark not defined.
Chapter 1: Parts of Speech......................................................................... Error! Bookmark not defined.
Chapter 2: Sentences: Elements, Patterns, and Faults .............................. Error! Bookmark not defined.
Unit 2: Knowing the Namers .......................................................................... Error! Bookmark not defined.
Chapter 3: Nouns ....................................................................................... Error! Bookmark not defined.
Chapter 4: Possessive Nouns ..................................................................... Error! Bookmark not defined.
Chapter 5: Personal Pronouns ................................................................... Error! Bookmark not defined.
Chapter 6: Pronouns and Antecedents ...................................................... Error! Bookmark not defined.
Unit 3: Showing the Action ............................................................................ Error! Bookmark not defined.
Chapter 7: Verb Tenses and Parts .............................................................. Error! Bookmark not defined.
Chapter 8: Verbs: Kinds, Voices, Moods .................................................... Error! Bookmark not defined.
Chapter 9: Subject–Verb Agreement ......................................................... Error! Bookmark not defined.
Chapter 10: Verbals ................................................................................... Error! Bookmark not defined.
Unit 4: Modifying and Connecting Words ..................................................... Error! Bookmark not defined.
Chapter 11: Modifiers: Adjectives and Adverbs ........................................ Error! Bookmark not defined.
Chapter 12: Prepositions ........................................................................... Error! Bookmark not defined.
Chapter 13: Conjunctions to Join Equals ................................................... Error! Bookmark not defined.
Chapter 14: Conjunctions to Join Unequals ............................................... Error! Bookmark not defined.
Unit 5: Punctuating Sentences ....................................................................... Error! Bookmark not defined.
Chapter 15: Commas.................................................................................. Error! Bookmark not defined.
Chapter 16: Semicolons and Colons .......................................................... Error! Bookmark not defined.
Chapter 17: Other Punctuation.................................................................. Error! Bookmark not defined.
Unit 6: Writing with Style ............................................................................... Error! Bookmark not defined.
Chapter 18: Capitalization.......................................................................... Error! Bookmark not defined.
Chapter 19: Numbers ................................................................................. Error! Bookmark not defined.
Chapter 20: Effective Sentences ................................................................ Error! Bookmark not defined.

,Chapter 1: Parts of Speech

1.1 Multiple-Choice Questions



1) Profit is



1. A) what remains after business expenses are subtracted from business revenues.

2. B) what remains after dividends have been paid to stockholders.

3. C) equal to total revenue minus cash expenses.

4. D) what remains after income taxes have been paid.

5. E) double the amount the company pays in.



CORRECT ANS>>A



Diff: 1 Type: MC Page Ref: 5 Skill: Knowledge

Objective: 1.1



2) What are profits?



1. A) Total money taken in by a corporation

2. B) Increases in income from year to year

3. C) Increases in a corporation's stock price

4. D) Revenue generated by goods and services

5. E) Difference between revenues and expenses

CORRECT ANS>>E

Diff: 1 Type: MC Page Ref: 5 Skill: Knowledge

Objective: 1.1



3) Profit is

, 1. A) the market value of shares of stock in a company.

2. B) the level of expenses divided by the firm's assets.

3. C) what remains after business expenses are subtracted from business revenues.

4. D) gross revenue minus taxes a company pays.

5. E) gross sales minus taxes a company pays.



CORRECT ANS>>C



Diff: 1 Type: MC Page Ref: 5 Skill: Knowledge

Objective: 1.1



4) This week, Abe's Muffler Shop had sales of $4000, employees were paid $1000, the cost of
goods was $1500, and rent was $500. Profit for the week was

1. A) $3000.

2. B) $1000.

3. C) $4000.

4. D) $2500.

5. E) $500.



CORRECT ANS>>B



Diff: 2 Type: MC Page Ref: 5 Skill: Application

Objective: 1.1



5) How are provincial universities in Canada different from business firms?



1. A) They do not seek to make a profit.

2. B) They deal with people, not things.