Finances Review

Finances Review

12th Grade

6 Qs

quiz-placeholder

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Finances Review

Finances Review

Assessment

Quiz

Business

12th Grade

Hard

Used 14+ times

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6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What involves operating as frugally as possible when you start a business?

Financing

Bootstrapping

Downsizing

Price Reducing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which financial statement shows sales, expenses, and net income/loss?

Cash-Flow Statement

Balance Sheet

Income Statement

Income Worksheet

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which financial statement shows assets, liabilities, and owners equity?

Cash-flow Statement

Balance Sheet

Income Statement

Income Worksheet

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The most common way to get capital to start a business is from a bank?

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When estimating your start-up expenses, you should only include what you need for your first month of sales.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

BLANK capital is the money raised by taking out loans.

Price

Loan

Asset

Debt