Unit 0.4 Wordss
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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show | Cost of baking ingredients
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show | Contingency fund.
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show | Variable costs.
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Deposits paid prior to opening the business to connect utility services for a new business are considered: | show 🗑
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Expenses that are NOT affected by sales volume are called: | show 🗑
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One factor that affects start-up costs of a new business is: | show 🗑
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Miscellaneous expenses incurred by the entrepreneur for clothing, travel and entertainment are: | show 🗑
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Initial inventory for the business is which type of cost? | show 🗑
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show | Start-up costs.
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show | Variable costs.
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Which is NOT a factor that affects start-up costs | show 🗑
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show | One year.
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When seeking a loan, an entrepreneur who has capacity: | show 🗑
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show | Increases the borrowing power of the business.
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An advantage of using family and friends as sources of funding is: | show 🗑
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show | A prearranged loan at an established rate available whenever the business owner needs it.
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show | Create jobs.
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Funding that is borrowed from family or friends is sometimes called: | show 🗑
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show | Loss of some of the control and ownership
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The most common source of business financing is a: | show 🗑
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show | Debt.
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One disadvantage of using personal savings as a source of funding is that it: | show 🗑
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What is trade credit? | show 🗑
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What is collateral? | show 🗑
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When an entrepreneur visits a bank to apply for a loan, he/she should be ready to: | show 🗑
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A loan that is granted to a bank's most credit-worthy customers and is not guaranteed by collateral is a/an: | show 🗑
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show | HUD
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Who are angels? | show 🗑
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show | SBA.
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show | Capital.
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The repayment of a long-term loan is expected to take | show 🗑
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Money invested in a business by private investors is: | show 🗑
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show | Equity.
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One advantage of using personal savings to fund a sole proprietorship is that: | show 🗑
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show | One-time expenses incurred by the entrepreneur when beginning a business
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Tasha P
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