KING OF ZION SCHOOL

National Hi-way, Tin-ao, Agusan, Cagayan de Oro City

Tel. No. 880-3021
Email add: kofz_racaza@yahoo.com

TLE 6 – 4th Quarter Exam

Name: ___________________________ Date: _________________________
Teacher: Mr. Brayn Carl T. Cabulao Score: _________________________

TEST I. MULTIPLE CHOICE, Encircle the letter that best represent the answer.

1. This is type of culture methods are usually done in seas, bays, and lagoons
a) Fish ponds b) open water c) aquarium
2. This is a very important and profitable occupation especially for fisher-folk.
a) Retailing b) fishing c) fishing gear
3. Its requires a constant supply of air and maintenance;
a) Fish pens b) aquariums c) fish ponds
4. This is an important key to the country’s progress and development.
a) Entrepreneurs b) business minded c) Entrepreneurship
5. This are individuals who are engage in entrepreneurship.
a) Entrepreneurs b) business minded c) Entrepreneurship
6. Joy has idea and find ways in improving the taste of her Polvoron, what does joy
possess?
a) Risk taker b) innovative c) proactive
7. Lovely is always at work, and trying her best to seek quality and productive results of
her business.
a) Proactive b) risk taker c) result-oriented
8. This defines cooperative as “a duly registered association of person, with a common
bond of interest.
a) RA 6938 b) RA 6934 c) none of these
9. This refers to the acquisition of goods and services to accomplish the goals of the
enterprise.
a) Retailing b) purchasing c) cost
10. This term refers to the outside appearance of the store, the arrangement of goods in
the display area.
a) Tag price b) layout c) pre-retailing
11. This refers to all payments made for the merchandise or the purchase price.
a) Mark up b) profit c) cost
12. This refers to the amount gained as return on the investment of the owner and amount
left after deducting cost and expenses from selling price.
a) Profit b)cost c) mark up
13. This is an act of recordkeeping being used in business.
a) Sales record b) accounting c) purchase
 14. This refers to a properties of an establishment with monetary value.
a) Reserve fund b) capital c) asset
15. The following are the types of record in a business or cooperative store EXCEPT;
a) Members record b) purchase record c) department record

TEST II. COMPUTATION. Use the following symbols to satisfy the given formula.
M= mark up in peso, R=retail price
m= markup percentage C = cost
Given; Cost = 16.00, Markup= 6.00, Retail= 22.00

1. M=R-C
____-____=_____
2. m=(R-C)
(____-_____)=_______
3. C=R-M
______-______=_______
4. M=m x R
______-______=______
5. R=C (100%)
_______(100%-_____)

TEST III.SIMPLY RECALL

 Give at least 5 characteristics of a good seller.

 Give at least 5 factors to consider in purchasing merchandise.

TEST IIII. ESSAY

 How can you be an entrepreneur at your age? Site examples of business to make it
happened.
TOTAL LEARING EXPERIENCED