ESB Certification Practice Exam

Front

A fixed cost has the same value each time it is incurred.

Back

true

Front

A non-profit organization is taxed.

Back

false

Front

A sole proprietorship protects the owner from personal liability

Back

false

Front

A variable cost is eventually paid off over time.

Back

false

Front

Affiliate sales programs offer commissions to companies who sell their products.

Back

true

Front

An entrepreneur is a person who assumes the responsibilities and risks of starting a business.

Back

true

Front

An S corporation is suitable for international companies with at least 200 shareholders.

Back

false

Front

Business longevity increases potential funding opportunities.

Back

true

Front

Is copyright licensing required for material in the public domain?

Back

No, copyright licensing is not required for material in the public domain.

Front

Distributors use their sales force to sell another company's product.

Back

false