Quiz # 3 (Entrep)

A _____________shows profits and losses for a  specific  future  period

It is the money going into a business which could be from sales, investments or financing.

This is the section of the business plan that identifies the form of ownership the business venture will take.

It is the cost of operations that a company incurs to  generate revenue.

Expenses related to use of telecommunication, consumption of  water and electricity

Transferability of ownership requires consent for partners

• Sole Proprietorship

• corporation

• partnership

Stockholders can share in profits through dividends

• corporation

• sole proprietorship

• partnership

The portion of the cost of the tangible asset allocated or charged as expense during the accounting period.

Owner receives all profits and carries all loses

• Partnership

• corporation

• sole proprietorship

An expense related to use of borrowed funds.