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- 1. Open Ended
Lisa Cronin owns a coffee shop and has just employed Jenni O'Flynn as her head waitress. Identify ONE legal and ONE ethical responsibility that Lisa has to Jenni as her employer:
- 2. Multiple Choice
imports are cheaper when...
the exchange rate is higher in your country.
exchange rate is lower in your country
exchange rate is higher in the country your importing from.
- 3. Multiple Choice
Unlimited liability means?
The owner is personally liable to cover business debts and any costs the business can not cover
The owner(s) do not have to cover all business costs personally in the case of them being sued or going into debt
A corporation is not responsible for taking care of lawsuits
A sole Proprietorship will have enough money and coverage to pay any and all debts
- 4. Multiple Choice
What's a franchisee?
A franchisee is the initial fee paid to the company
A franchisee is a company that owns the service and grants rights to another business.
A franchisee is formed when the franchisee buys a business.
A franchisee is the person buying the right to run a business.
- 5. Open Ended
Explain the term 'Opportunity Cost'?
- 6. Open Ended
Using the information given on the invoice extract, complete the three blank spaces below:
- 7. Open Ended
(A) (i) What is the name given to all countries using the Euro as their currency? ...........
(ii) The value of the Euro is set by........
(B) State TWO benefits to Ireland of having the Euro as our currency?
- 8. Open Ended
Complete the following extract of the Statement of Financial Position of Healy Ltd. as at 1/12/2019 by entering the figures A, B,C and D below in the space provided. LABEL EACH FIGURE A,B,C and D.
- 9. Open Ended
Complete the following wage slip showing Gross Pay, Total Deductions and Net Pay ie A, B and C in the space provided AND ENSURE YOU LABEL EACH FIGURE, A, B AND C:
- 10. Open Ended
'The average Irish adult has a carbon footprint of 17.5 tonnes per year.'
Outline TWO ways in which an individual can reduce his/her carbon footprint:
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