WorksheetsStranded 36 (Unit 36)
Total questions: 15
Worksheet time: 8mins
What type of business is owned by one person.
Limited Liability Company (LLC)
Sole Buyer
Sole Proprietorship
Corporation
What's a company or group of people as a single entity.
Corporation
Partnership
Cooperation
Limited Liability Company
What is two or more people sharing the business.
Limited Liability Company (LLC)
Partnership
Corporation
Cooperation (Co-Op)
What business markets, buys, and resales for best price.
Sole Proprietorship
Limited Liability Company (LLC)
Corporation
Cooperation
What business is owners are not personally liable for company's debt or liabilities.
Corporation
Sole Proprietorship
Limited Liability Company (LLC)
Cooperation (Co-Op)
What Co-Op is organised receives products from its members and then resells those products for the best price.
Marketing
Service Based
Purchasing
What Co-Op buys in bulk?
Purchasing
Marketing
Service Based
What Co-Op provides low-cost service items to their members.
Purchasing
Service Based
Marketing
What tells you your gains and loss over a period of time.
Profit and Loss Statement
Balance sheet
Inventory Report
Cash Flow Statement
What shows the assets, liabilities, and owner’s investment on a particular day.
Inventory Report
Cash Flow Statement
Balance sheet
Profit and Loss Statement
What describes the availability of funds for the purposes of running a business.
Profit and Loss Statement
Cash Flow Statement
Inventory Report
Balance sheet
What includes what you have sold, what you have on hand, and the cost/ sale price for each item.
Balance sheet
Cash Flow Statement
Profit and Loss Statement
Inventory Report
What % of businesses in the US are classified as Small Business Administration.
85
95
100
75
What % of gross national product(GNP).
48
58
68
78
Small business produce ____ times a many innovations than large business.
less than
0
1.5
2.5
