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Free Exam: 104.03 Pre-test

Number of Questions in Test: 10
Number of Questions in Preview: 5
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Note: Answers are not shown below but will be copied with this test.

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Question 1

What is left after all expenses have been paid by the business:

Type: Multiple choice
Points: 1
Randomize answers: No

Question 2

When completing a sales transaction, the sales associate should:

Type: Multiple choice
Points: 1
Randomize answers: No

Question 3

Profit is:

Type: Multiple choice
Points: 1
Randomize answers: No

Question 4

The formula for markdown is:

Type: Multiple choice
Points: 1
Randomize answers: No

Question 5

What is the formula for calculating markup?

Type: Multiple choice
Points: 1
Randomize answers: No

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