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Micro Enterprise Test

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6th Grade - Professional Development

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Micro Enterprise Test
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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debt or loan that a company must repay

maturity

liability

entrepreneur

skooter

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the date when the final loan payment will be made?

Maturity

liability

Bank loan

debt

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a registered agent?

financial loan applicant

individual responsible for paying off debts

individual responsible for receiving legal documents

risk taking person

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is an accurate example of an entrepreneur?

multi million dollar corporation

walmart

person who started out cutting grass as a teen and now owns a lawn care business

person who was born into a rich family and took over the family business

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is a characteristic of a successful entrepreneur?

self discipline

determination

pudding cup

both A&B

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is not a characteristic of a successful entrepreneur?

Self discipline

determination

bowling shoes

both A&B

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one requirement of a loan applicant?

Social security number

business info

personal info

both B&C

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