WorksheetsBusiness Plan/ Finance Reveiw
Total questions: 11
Worksheet time: 7mins
What are assets?
What the company owes to outside sources.
The debt of the company
The cash or products that the business owns. (computers, chairs, desks, etc)
How much of the business is owned by investors.
The money that a company losses annually.
what are the 5 things included in a business plan
business description, marketing plan, management plan, financial plan, and vision/ mission statement.
Av node, SV node, Bundle of his, Bundle Fibers, Purkinjie Fibers
cardiovascular system, skeletal system, nervous system, respiratory system, lymphatic system
business description, marketing plan, finacial plan, hiring plan, management plan.
What is a mission statement?
A statement showing the loss of the companies.
A statement describing the business and what it plans to do.
a plan to attack another business
gives intell on top secret information that the business is holding from the world.
What is a venture?
Something you are certain will happen
Something that will bring down the business
An undertaking involving risk or uncertain future.
presents economic forecast
What is the purpose/ purposes of a business plan?
determine needs
Gain potential investor
determine needs
follow laws
What is an expense?
Ordinary and necessary costs incurred to operate your business
show assests and liabilities
summarize revenue
determine economic value
What is depreciation?
increase in price
the deduction of the price of something expensive bought for a business
nature of a business
individuals involved
Assest are items of value owned by a...
(a)
Fixed expenses are costs that occur eah period, but the amounts (a) from one period to the next
Variable expenses are costs that occur each period and the amounts (a) from one period to the next.
Irregular expenses are
costs that occur consitetntly but change every month
costs that occur consistently and stay consistent
costs that do not occur on a consistent basis and change in price everytime.
