ESB Certification

ESB Certification

Assessment

Flashcard

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11th Grade

Hard

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55 questions

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1.

FLASHCARD QUESTION

Front

A fixed cost has the same value each time it is incurred.

Back

true

2.

FLASHCARD QUESTION

Front

A non-profit organization is taxed.

Back

false

3.

FLASHCARD QUESTION

Front

A sole proprietorship protects the owner from personal liability

Back

false

4.

FLASHCARD QUESTION

Front

A variable cost is eventually paid off over time.

Back

false

5.

FLASHCARD QUESTION

Front

Affiliate sales programs offer commissions to companies who sell their products.

Back

true

6.

FLASHCARD QUESTION

Front

An entrepreneur is a person who assumes the responsibilities and risks of starting a business.

Back

true

7.

FLASHCARD QUESTION

Front

An S corporation is suitable for international companies with at least 200 shareholders.

Back

false

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