Business Literacy Self-Assessment

Test your understanding of key business concepts, financial metrics, and strategic principles with this 20-question assessment.

Question 1 of 20Score: 0/0

What is the primary function of a business's income statement?

A)To show how much the company owes in debt

B)To record all the company's transactions

C)To calculate the profit or loss of a company over a specific period

D)To provide information on a company's assets