1 |
What is a transaction in business bookkeping. |
The legal oligation to transfer money
The exchange of goods or services of money
The recording of finaiancial events in a business
The agreement between a buyer and seller
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2 |
Which of he following is not a mode of payment. |
Cahs
Cheque
Barter
Stock
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3 |
Which of the following is not a component of a business plan. |
Competitor analysis
Financial documents
Employee training manuals
Market research and strategies
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4 |
Whch of the following is an example of below the line promotions. |
Press releases
Schemes and discounts
Advertisements
Incentive trips
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5 |
Why do business view their quality assurance program as a promise to stakeholders. |
To increas sales
To improve the manufacturing process
Tolower perceived risk
To reduce costs
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6 |
What is quality assurance? |
A process of detecting mistakes in products
A process for marketing products
A process for improving the qality of products
A process for selling products
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7 |
Why is the management and personnel section importnat in a business plan? |
It lists all competitors int he market
It helps investors evaluate risk
It lists all competitors int he market
It provides a list of all employees int he company
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8 |
What is included in the executive summary of a business plan? |
Company backgrowund and market opportunity
All employee names and job titles
All financial statements
List of suppliers and vendors
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9 |
Who needsa business plan? |
Only established companies
Only companies with more than 10 employees
All businesses
Only businesses with a physicla storefront.
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10 |
What is business plan? |
A document that describes a company's future
A list of product that a company sells
a documents that lists a company's employees
A list of competitos int he market
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