Home / Unit-7 Entrepreneurship / Question
MCQ
Which of the following counts as income for a business?
Unit-7 Entrepreneurship
A Money received from selling goods
B Money spent on electricity
C The cost of raw material
D Money paid as salary
Explanation

Income is the money a business earns, mainly from sales, before subtracting costs.

Related MCQs

A producer's total cost is Rs 9,000 and the desired profit is Rs 2,000. What should the selling price be?
Unit-7 Entrepreneurship View
What is a business plan?
Unit-7 Entrepreneurship View
What is a small business?
Unit-7 Entrepreneurship View
Which characteristic helps an entrepreneur keep going after failures?
Unit-7 Entrepreneurship View
A shopkeeper buys 100 items at Rs 150 each and sells each at Rs 200. What is the total profit?
Unit-7 Entrepreneurship View
Why is it important to know the target market?
Unit-7 Entrepreneurship View