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Nature and Purp...

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  • Question 1
    1 / -0

    What distinguishes business activities from non-business activities?

  • Question 2
    1 / -0

    In which business activity does the entity act as an intermediary between producers and consumers?

  • Question 3
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    Business risk is not likely to arise due to:

  • Question 4
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    Which of the following business activities involves the cultivation of crops and raising of livestock?

  • Question 5
    1 / -0

    Which of the following cannot be classified as an auxiliary to trade?

  • Question 6
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    The main purpose of economic activities is________________.

  • Question 7
    1 / -0

    Which characteristic involves the acceptance of uncertainty and potential losses?

  • Question 8
    1 / -0

    Business is considered to be _________________.

  • Question 9
    1 / -0

    Which of the following is not a characteristic of business?

  • Question 10
    1 / -0

    _______________ is an economic activity.

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