Directions How to Answer

Aptitude Test Topic: Economics

This section is comprised of MCQs on Economics.

Directions

The following are questions on Economics. Select the correct option to represent your answer.

To give the answer click/tap the option alphabet for your answer choice. for correct answer green check and for wrong answer a red cross will appear along with a button to show explanation with or without video of the question answer.

Economics: All Topics Practice MCQ

Question Statement:

In a business, raw materials, components, work in progress and finished goods are jointly regarded as

capital stock

inventory

investment

net worth

Explanation:

Correct Answer: B

Sol. Inventory refers to raw materials, work-in-process goods and completely finished goods that are considered to be the portion of a business’s assets that are ready or will be ready for sale.

Question: 7 Test: 4 of 5 Next Test

Tests

You are taking Aptitude Test No. 4

Each aptitude test is comprised of 10 except the last test which might have fewer than 10 in some topics.

You are at question (MCQ) number 7 and Test Number 4 of Economics: All topics. To deal with Economics questions, you must take lesson on the subject. In case of science and Art subjects revise your text books and in case of general aptitude topics take lessons from the topic page.

The question: In a business, raw materials, components, work in progress and finished goods are jointly regarded a .... with options: capital stock, inventory , investment, net worth can be solved with the concepts and understanding of Economics.