Intro Ch 6 Review

Intro Ch 6 Review

9th - 12th Grade

30 Qs

quiz-placeholder

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Intro Ch 6 Review

Intro Ch 6 Review

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Nicole Clifford

Used 4+ times

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30 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Private investors who fund start-up businesses are called ____.

banks

angel investors

investment funds

entrepreneurs

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A(n) ____ is a written statement of goals and objectives for a business with a strategy to achieve them.

financial statement

summary

business plan

resume

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The cycle of money spending cash flow transfer of funds movement of money into and out of a business is called ____.

cycle of spending money

spending

cash flow

transfer of funds

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

___ is an asset pledged that will be claimed by a lender if the loan is not repaid.

Collateral

Goods

Principle

Interest

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A person who starts a new business or purchases an existing business is a(n) ____.

capitalist

manager

entrepreneur

boss

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Capital brought into a business in exchange for a percent of ownership in the business is called ____.

funding

debt financing

liabilities

equity financing

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

___ are critical skills necessary to perform the required work-related tasks of a position.

Procedures

Job-specific skills

Critical steps

Management skills

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