Business

Net worth is faulted by subtracting liabilities from:

• Assets
• Student loans
• loan balances
• charge accounts

A rental agreement is known as a:

• W-2
• loan 
• lease
• waiver

Workers' Compensation Insurance is needed to protect the:

• salon
• inventory
• employee
• advertisers

Which one of the following items is usually the largest expense in operating a salon?

• rent
• supplies
• advertisement 
• saleries or commission

It is wise to keep all records of daily sales and services for 

• 2-4 years
• 5-7 years
• 10 years
• 6-14 years

Procedures in the salon that ensure all products are accounted for is known as:

• budgeting
• scheduleing
• advertising
• inventory control

Measurable goals will help you get organized and 

• track your progress
• force you to stretch 
• stick with the statues quo
• believe in what you can do

A collection of your creative work and documents to show potential clients or employers is called a:

• Linkedin
• portfolio
• cover letter
• networking

Paid holidays, bonuses and insurance are all examples of:

• assets
• liabilities
• job benefits
• job responsibilities

The most important relationships you form at the beginning of you career are those that develop:

• within the salon
• while networking
• within your family
• in cosmetology school