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Level 1 Award in Understanding Employment, Business and Enterprise
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1. Which of the following describes the amount of money a person can earn before having to pay tax?
a) Benefits in kind
b) Employee's liability
c) Personal Allowance
d) Taxable income
2. Which two deductions are taken directly out of your wages?
a) Income Tax and National Insurance contributions
b) Profit contributions and loss tax
c) Workers' tax and employers' contributions
d) Health tax and value added contributions
3. Which of the following ensures that safer recruitment decisions are made in the workplace?
a) Code of practice
b) General Data Protection Regulations
c) Health and Safety at Work Act
d) Disclosure and Barring Service
4. Which of the following would be considered to be a soft skill?
a) Problem solving
b) Conflict resolution
c) Critical thinking
d) Decision making
5. Which of the following functions ensures computers are maintained in the workplace?
a) Logistics
b) IT support
c) Administration
d) Research and development
6. Exchanging ideas and finding new business opportunities are best achieved through:
a) networking.
b) benchmarking.
c) resourcing.
d) procurement.
7. Which of the following would be considered unethical practice?
a) Equality
b) Corporate social responsibility
c) Bribery
d) Loyalty
8. Which of the following is not considered to be an entrepreneurial skill?
a) Team working
b) Networking
c) Creative thinking
d) Problem solving
9. Which of the following business structures can sell shares through the stock exchange?
a) Partnership
b) Public limited company
c) Private limited company
d) Sole trader
10. Which of the following is not a result of good customer service?
a) Competitive advantage
b) Increased revenue
c) Recommendations to others
d) Product development
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