Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Financial Analysis Review
Test Description: Financial Analysis review for Final Exam - Introduction to Business
Instructions: Answer all questions to get your test result.
1) Which of the following is an example of a disadvantage when considering Equity Financing?
A
You may be denied the loan if you don\' t have a good business plan.
B
All of the above are disadvantages to Equity Financing
C
You have to pay interest
D
You have to give up some control of your company
2) Which of the following equations represents a Loss?
A
Seed Money is less than Costs
B
Expenses are greater than Costs
C
Revenue is greater than Costs
D
Costs are greater than Revenue
3) What is it called when the entrepreneur borrows money from a person or an institution, with the promise to pay it back?
A
Bootstrap Financing
B
Debt Financing
C
Equity Financing
D
Venture Capitalist
4) Which of the following is not included in the income statement?
A
Debt
B
Revenue
C
Gross Profit
D
Tax Payment
5) What is the purpose of the Cost of Goods Sold Statement?
A
All of the above are purposes of the COGS statement
B
To show how much Net Income/Loss you will be making within a given period
C
To examine how much you are spending on operating expenses.
D
To show how much Gross Profit per product sold you will earn
6) If you are forced into bankruptcy, which of the following types of business ownerships will protect your personal belongings?
A
Sole Proprietorship
B
All of the above
C
Partnership
D
Corporation
7) Which is not a reason you could be turned down for a bank loan?
A
Lack of a partner
B
Lack of an adequate business plan
C
Lack of business experience
D
Lack of personal invcestment in the company
8) What is the goal of Bootstrap Financing?
A
To keep start-ups costs low and finance with your profits as you go
B
To start your business out as big and successful as possible
C
To hire the least amount of employees
D
To finance through a loan or venture capitalist
9) Ingredients would be an example of which of the following:
A
Fixed cost and an on-going cost
B
Fixed cost and a one-time fee
C
Variable cost and a one-time fee
D
Variable cost and an on-going cost
10) What is the initial amount of money needed to cover start-up costs and other preliminary expenses?
A
Debt
B
Start-up money
C
Seed money
D
Initial Money
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?