Question 1

Define the contribution margin and its importance.

Accepted Answer

Selling price minus variable costs divid

Question 2

In projecting operating expenses for the second and third year costs like ______ are likely to remain stable unless new equipment or additional space is purchased.

Accepted Answer

A) cost of goods sold 
B) gross profit 
C) advertising 
D) insurance 
A) cost of goods sold 
B) gross profit 
C) advertising 
D) insurance

Question 3

Microsoft Excel is a software package that includes manufacturing,order entry,and billing functions and it is usually too expensive for start-up firms.

Accepted Answer

A) True 
 B)False

Question 4

Any amount due within a year is considered a current liability.

Accepted Answer

A) True 
 B)False

Question 5

Notes payable is considered a(n)________ on the balance sheet.

Accepted Answer

A) cash out-flow 
B) current asset 
C) current liability 
D) long-term liability 
A) cash out-flow 
B) current asset 
C) current liability 
D) long-term liability

Question 6

Define capital budgeting.

Accepted Answer

Capital budgets are intended to provide

Question 7

Cash flow is the same thing as profit.

Accepted Answer

A) True 
 B)False

Question 8

Depreciation is considered a cash outlay,not an expense.

Accepted Answer

A) True 
 B)False

Define the contribution margin and its importance.

In projecting operating expenses for the second and third year costs like ______ are likely to remain stable unless new equipment or additional space is purchased.

Microsoft Excel is a software package that includes manufacturing,order entry,and billing functions and it is usually too expensive for start-up firms.

Any amount due within a year is considered a current liability.

Notes payable is considered a(n)________ on the balance sheet.

Define capital budgeting.

Cash flow is the same thing as profit.

Depreciation is considered a cash outlay,not an expense.

Entrepreneurship and the Entrepreneurial Mind-Set

Entrepreneurial Intentions and Corporate Entrepreneurship

Entrepreneurial Strategy: Generating and Exploiting New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Intellectual Property and Other Legal Issues for the Entrepreneur

The Business Plan: Creating and Starting the Venture

The Marketing Plan

The Organizational Plan

Sources of Capital

Informal Risk Capital, venture Capital, and Going Public

Strategies for Growth and Managing the Implication of Growth

Accessing Resources for Growth From External Sources

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters

Exam 10: The Financial Plan

Define the contribution margin and its importance.

In projecting operating expenses for the second and third year costs like ______ are likely to remain stable unless new equipment or additional space is purchased.

Microsoft Excel is a software package that includes manufacturing,order entry,and billing functions and it is usually too expensive for start-up firms.

Any amount due within a year is considered a current liability.

Notes payable is considered a(n)________ on the balance sheet.

Define capital budgeting.

Cash flow is the same thing as profit.

Depreciation is considered a cash outlay,not an expense.

Entrepreneurship and the Entrepreneurial Mind-Set

Entrepreneurial Intentions and Corporate Entrepreneurship

Entrepreneurial Strategy: Generating and Exploiting New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Intellectual Property and Other Legal Issues for the Entrepreneur

The Business Plan: Creating and Starting the Venture

The Marketing Plan

The Organizational Plan

Sources of Capital

Informal Risk Capital, venture Capital, and Going Public

Strategies for Growth and Managing the Implication of Growth

Accessing Resources for Growth From External Sources

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters