E-Trip Ch 9 Test Review

E-Trip Ch 9 Test Review

11th - 12th Grade

60 Qs

quiz-placeholder

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E-Trip Ch 9 Test Review

E-Trip Ch 9 Test Review

Assessment

Quiz

Other, Specialty

11th - 12th Grade

Easy

Created by

Morgan Keck

Used 1+ times

FREE Resource

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60 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash disbursements include cash sales, collected account receivables, tax refunds, and funds from bank loans and investors.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unsecured loans are made only to the bank’s most creditworthy customers.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Typically, only very small businesses use the cash method.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Changes in the economy can have a dramatic effect on the cash flow of a business.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If your bank statement balance is not the same as your check register balance, you should contact your bank immediately.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A commercial bank loan is an example of equity capital.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Equity-based crowdfunding is becoming an increasingly popular financing method for many entrepreneurs and small businesses.

True

False

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