Entrepreneurship Chapter 3 Test Review

Quiz
•
Business
•
9th - 12th Grade
•
Medium
Deda Rush
Used 24+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A formal explanation of a company's goals
mission statement
company description
financial plans
management plan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a brief overview of the company including the business name, a summary of the business and location of the business
company description
mission statement
management plan
financial plans
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the component of the business plan that refers to how a company will be organized
company description
mission statement
management plan
financial plans
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the income earned by a business
company description
revenue
management plan
financial plans
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a projection of what an entrepreneur expects out of the sales and expenses of a business
pro forma financial statements
revenue
management plan
financial plans
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the component of the business plan that contains a strategy for how a business will obtain start-up capital, identify sources of financing, and assess the costs and benefits of resources
pro forma financial statements
revenue
management plan
financial plans
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a characteristic of a business plan?
presentation outline
operating plan
cover page
owner's credentials
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