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Worksheets

Fall ACP Review

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Which article of clothing shouldn't be worn to a job interview?

a)

Conservative necktie

b)

Running Shoes

c)

Suit

d)

Collared shirt

2.

______ liability creates full responsibility to business owner(s).

a)

Sole

b)

Partnership

c)

Limited

d)

Unlimited

3.

A company that donates profits to a particular charity is a nonprofit.

a)

T

b)

F

4.

What is the term for the money paid to a franchiser?

a)

Franchisee

b)

Royalty fee

c)

Pivot

d)

Prototype

5.

Which item is not considered a need?

a)

Food

b)

Jordans

c)

Housing

6.

Which is not an external source of opportunity?

a)

Problems

b)

Changes

c)

Hobbies

d)

New Discoveries

7.

A ______ is a model of a product to base future improvements on.

a)

Risk

b)

Prototype

c)

Practice Item

d)

A statue

8.

You should focus on your weaknesses at a job interview.

a)

T

b)

F

9.

The best way to come up with a bunch of ideas at once is called _________.

a)

Idea map

b)

Critical Thinking

c)

Ideation

d)

Brainstorming

10.

Which item is not a want?

a)

A new Iphone

b)

Food

c)

Jordans

d)

New Ray Ban Sunglasses

11.

What is the minimum copyright duration?

a)

A week after your mom's birthday

b)

100 years

c)

25 years

d)

2 weeks

12.

How would one go about protecting the unique jingle they wrote?

a)

Get a Trademark

b)

Get a copyright

c)

consider it as Intellectual property

13.

Anyone can be an entrepreneur.

a)

T

b)

F

14.

What is it called when 2 people share equal ownership of a firm?

a)

Corportation

b)

Partnership

c)

Sole Proprietorship

d)

Business

15.

A document that keeps information confidential is called a __________________.

a)

Non-disclosure agreement

b)

essay

c)

Declaration

d)

Constitution

16.

A type of business where there is one owner is called a _______.

a)

Patnership

b)

Corporation

c)

Sole Proprietorship

d)

Business

17.

Limited liability puts one's personal assets at risk when in debt.

a)

T

b)

F

18.

The money made by a business is called...

a)

Capital

b)

Profit

c)

money

d)

v bucks

19.

A sky diving business should have limited liability

a)

T

b)

F

20.

A resume is important to have when looking for a job.

a)

T

b)

F

21.

College is for everyone.

a)

T

b)

F

22.

Which is not a way to pay for college.

a)

Loans

b)

Grants

c)

Scholarships

d)

v bucks

23.

Which is the highest level of education

a)

Masters

b)

Bachelor

c)

Doctorate

d)

Associates

24.

How many years of graduate school does it usually require for one to gain a masters

a)

1

b)

2

c)

3

d)

4

25.

How many years of undergraduate study does it usually take to get a bachelor's degree?

a)

1

b)

2

c)

3

d)

4