
Business Plan Elements Quiz
Authored by Leneth Quitong
Business
University

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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first section of a business plan?
Executive Summary
Financial
Management
Operations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a part of the financial section?
Profit and Loss Statement
Cash Flow Statement
Market Analysis
Breakeven Analysis
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a cash flow statement show?
Total revenue and costs
Assets and liabilities
How cash entered and exited a company
Market trends
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a breakeven analysis?
To summarize revenues
To determine when a business will become profitable
To analyze market competition
To evaluate management performance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which section identifies key personnel and their responsibilities?
Operations
Management
Marketing
Financial
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should be included in the appendix of a business plan?
Market analysis
Financial forecasts
Additional documentation
Executive Summary
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a profit and loss statement also known as?
Balance Sheet
Income Statement
Financial Position
Cash Flow Statement
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