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KFC set 1

Total questions: 21

Worksheet time: 11mins

Name
Class
Date
1.

Money owed by a company to a supplier.

a)

bond

b)

bank loan

c)

accounts payable

d)

angel investors

2.

Money owed by a customer to a company.

a)

bonds

b)

installment payments

c)

accounts payable

d)

accounts receivable

3.

Individuals who make small investments in an enterprise or to support an entrepreneur where they do not expect an immediate or large return on investment.

a)

guarantor

b)

breakeven analysis

c)

angel investors

d)

cash flow

4.

Debt from a bank. Banks require much more information from potential borrowers, and take more time to make a lending decision based on a great deal of analysis.

a)

brokerage

b)

insurance policy

c)

bank loan

d)

installment payment

5.

A loan. A security that investors buy and sell that represents a legal obligation from the company issuing it.

a)

ira

b)

policy

c)

bond

d)

installment payments

6.

A determination of how many units are needed to sell in order to pay for all the fixed cost.

a)

loan

b)

debt

c)

breakeven analysis

d)

brokerage

7.

A company that provides individuals and companies with access to financial markets.

a)

policy

b)

loan

c)

brokerage

d)

debt

8.

Funds contributed by investors to a business.

a)

covered loss

b)

market flow

c)

capital or equity

d)

cost of good sold

9.

Expenditures on equipment the business will use for many years.

a)

Capital

Expenditures

b)

cash flow

c)

contribution margin

d)

crowdfunding

10.

Total revenues minus total cost

a)

credit

b)

covered loss

c)

depreciation

d)

cash flow

11.

Unit price minus cost of goods sold.

a)

credit

b)

contribution margin

c)

covered loss

d)

debt

12.

Cost that make up one unit of what you sell.

a)

capital

b)

covered loss

c)

depreciation

d)

cost of goods sold

13.

A loss that an insurance company will reimburse a policyholder for in the event of a claim.

a)

crowdfunding

b)

deductible

c)

margin error

d)

covered loss

14.

Funds lent to a business with an agreement that the business will repay the lender with interest.

a)

credit (or debt)

b)

covered loss

c)

equity

d)

crowdfunding

15.

Internet phenomenon, where strangers learn about a business online and then decide whether or not to make an investment.

a)

equity

b)

differentiation

c)

crowdfunding

d)

credit

16.

The amount that an insurance company makes a policyholder pay as a part of any claim.

a)

deductible

b)

debt

c)

covered loss

d)

equity

17.

Failure to repay a loan.

a)

default

b)

equity

c)

differentiation

d)

extended payment terms

18.

Distinguishing a product or service "different than anything else" attracting customers, generating sales and serving as a foundation for thriving business.

a)

Differentiation

b)

Deductible

c)

Differentiated

Offering

d)

Extended

Payment

Terms

19.

The act of making a business different than any competitor.

a)

Extended

Payment

Terms

b)

Differentiated

Offering

c)

Differentiation

d)

Default

20.

Funds contributed by investors to a business.

a)

Default

b)

Equity

(or

Capital)

c)

Fiscal

Year

d)

Extended

Payment

Terms

21.

An option a supplier might grant a company to pay their bills later than they normally would.

a)

Crowdfunding

b)

Default

c)

Extended

Payment

Terms

d)

Covered

Loss