Entrepreneurship Ch 9 Review

Entrepreneurship Ch 9 Review

9th Grade

33 Qs

quiz-placeholder

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Entrepreneurship Ch 9 Review

Entrepreneurship Ch 9 Review

Assessment

Quiz

Business

9th Grade

Medium

Created by

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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