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Computer Science Ics Part 1 Online Test
| Sr. # | Questions | Answers Choice |
|---|---|---|
| 1 | Why are communciation and storytelling skills important. |
<p>To avoid speaking</p> <p>To express ideas and connect witth others</p> <p>To limit interactions</p> <p>To simplify writing</p> |
| 2 | What iincluded in the Financial plan |
<p>Product Feature</p> <p>Budget and funding</p> <p>Marketing strategies</p> <p>Competitor analyis</p> |
| 3 | A business description states "Our chai dhaba uses traditonal recipies. What does this highlight. |
<p>Pricing</p> <p>Taxes</p> <p>Unique Value</p> <p>Competitors</p> |
| 4 | A start up used plan Guru to build a busness plan. What benefit does this provide. |
<p>Random templaes</p> <p>Structuared financial modeling</p> <p>Ignoring trends</p> <p>Copying rivals</p> |
| 5 | A grocery store used inventory software to avoid stock outs. What type of soluion is this. |
<p>Legal</p> <p>Operational</p> <p>Marketing</p> <p>Financial</p> |
| 6 | What is intrest . |
<p>The total revenue from sales</p> <p>The costof borrowing money</p> <p>The amoutn saved for future needs</p> <p>The total expenses incurred</p> |
| 7 | What is a loan. |
<p>Money saved for future use</p> <p>Borrowed money that must be repaid</p> <p>Total revenue earned</p> <p>A types of investment</p> |
| 8 | What is the purposeof savings for a business. |
<p>To increase expenses</p> <p>To set aside money for future needs</p> <p>To reduce revenue</p> <p>To pay off debts</p> |
| 9 | What does investmetn involve. |
<p>Spending money without expenctation</p> <p>Allocating funds to generate future profit</p> <p>Saing money for emergencies</p> <p>Paying off loans</p> |
| 10 | What might a bakery's monthly budget include. |
<p>Only rent</p> <p>Rent, ingredients, salaries, utilities</p> <p>Only salaries</p> <p>Only utilities</p> |
| 11 | What is a budget. |
<p>A plan for managing expenses</p> <p>Total revenue earned</p> <p>A type of investment</p> <p>A loan agreement</p> |
| 12 | What are expenses. |
<p>total earnings from sales</p> <p>Costs incurred while operating</p> <p>Money saved for future needs</p> <p>Inerest on loans</p> |
| 13 | How is profit calcualted |
<p>Revenue+ costs</p> <p>Revenue - Costs</p> <p>Revenue x costs</p> <p>Revenue / costs</p> |
| 14 | What is revenue. |
<p>Total costs of running a business</p> <p>Total money earned from sales</p> <p>Money savd for futur eneeds</p> <p>Interest paid on loans</p> |
| 15 | Why are financial concepts imporatn for business. |
<p>To reduce costs</p> <p>To make better decisions and grow </p> <p>To limit competition </p> <p>To simplify operations</p> |
