Cfa

Front 1

The Cooper Company decided to sell stock
to raise capital. Under which form of
business organization does the company
operate?

Back 1

Franchise

Front 2

A loan that is granted to a bank’s most
creditworthy customers and is not
guaranteed by collateral is a/an:

Back 2

Grant.

Front 3

Which is NOT an example of operating
expenses?

Back 3

Maintenance

Front 4

Which would NOT be considered a fixed
expense?

Back 4

Loan payment

Front 5

8. Which section of the business plan contains
information about the personal and non-
personal promotion for the business?

Back 5

Organizational plan

Front 6

Who are angels?

Back 6

Non-professional investors who provide
funds only to a business whose ownership
is female

Front 7

Initial inventory for the business is which
type of cost?

Back 7

Variable cost

Front 8

Professional fees paid to an accountant or
attorney for occasional work would be
which type of expense?

Back 8

Fixed

Front 9

Buoy’s Restaurant sets aside $400 a month
to cover unexpected expenses. This
represents a/n:

Back 9

Inventory account.

Front 10

Which employee action is a VIOLATION
of ethical responsibility to customers?

Back 10

David arrives late for work at least once a
week.

Front 11

Which federal agency provides social and
economic statistics to small businesses?

Back 11

Small Business Administration

Front 12

If beginning inventory is $27,000,
merchandise purchased to replenish the
stock is $18,000, and the recorded ending
inventory is $16,000, what is the cost of
goods sold?

Back 12

$11,000

Front 13

Which federal agency helps small
businesses secure government contracts?

Back 13

SBDC