Entrepreneurship Ch 9 Review
Quiz
•
Business
•
9th Grade
•
Medium
BROOKE VENNIE
Used 13+ times
FREE Resource
33 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your personal financial statement should consist of actual figures for your personal assets and liabilities.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The only way to get equity capital is through people you know or through venture capitalists.
True
False
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
The reason a bank may turn down your loan application is
you have previously owned a business
a startup business is less likely to default on a loan
your business plan is poorly written
you have invested too much of your own money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Secured loans are a type of debt capital, and unsecured loans are equity capital.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you are turned down for a loan by a bank, the SBA may be able to help you get financing for your business.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Place a T for True or an F for False in the Answers column to show whether the following statement is true or false. SBICs are licensed by the SBA to make loans to and invest capital with entrepreneurs.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Net cash flow is negative if cash receipts are
less than disbursements
equal to disbursements
greater than disbursements
none of these
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