
Finances Review
Quiz
•
Business
•
12th Grade
•
Hard
Used 14+ times
FREE Resource
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6 questions
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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
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