liquidating the business includes all except

entails offering shares of a company to the public market

may also be referred to as contraction; occurs in all companies

diversification involves

selling new products to new markets

sole proprietorship is

owned and operated by one individual

Equity Capital includes funds raised from

venture capital firms, angel inverstors

is an accounting systems main ledger

non-operating revenue

income which doesn't come from the primary goal

amounts of money borrowed which accumulate interest

income from sales or services based on goal of the business

distributing a share of the companies earning to its shareholders

a strategy that looks to expand on different points in supply chain

The business cycle....

the first identified cyclical pattern within the ecology

a strategy that broadens a company by opening locations

the basic accounting equation is

assets = liabilities + owners equity

measures the loss in value of an asset

money paid by a company to its shareholders

measurement of physical output for each unit of input used

help identify the source of revenue

is the total value of a company or an individual

financial accounting standards board

checking or market money accounts

grouping of people brought together to accomplish a goal

the juglar cycle was....

the first identified cyclical pattern within the ecology

plays a large role in the success of growth in a businesses

a security which represents ownership of a company

Departmentalization...

enhances the manageability of an organization

total current liabilities

all that must be paid in one year

is the backbone of any accounting system

trying to increase usage by its current customers

are items of value which a company owns

Develop products for distribution from raw goods

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Questions 72

Answers

1
securing finance can be gained from all of these except
investors or partners
business loan programs
loans
2
liquidating the business includes all except
entails offering shares of a company to the public market
is used when the markets owner invested in could inpoled
includes shutting down the company & closing the business
3
recession
marks the lowest levels during recession
is the total value of all goods and services produced
may also be referred to as contraction; occurs in all companies
4
the individual or groups which own a business and its legal entities
propietorship
business operation
business ownership
5
all are causes for the peak except
going out of business
availability of product rises
sudden need of the product
boom in the economy
6
diversification involves
trying to increase usage by its current customers
expanding the lines of products by adding new features
selling new products to new markets
7
sole proprietorship is
the most complicated form of business
owned and operated by one individual
8
Equity Capital includes funds raised from
franchise
the bank
venture capital firms
angel inverstors
9
The general ledger
is an accounting systems main ledger
is the backbone of any accounting system
recognizes every financial transaction affects the two accounts
10
non-operating revenue
income from sales or services based on goal of the business
money paid by a company to its shareholders
income which doesn't come from the primary goal
11
marketing is the action of promoting and selling products or services
True
False
12
exit strategies include all except
going public
selling the business
liquidating the business
sudden need of the product
13
loans
yes
no
amounts of money borrowed which accumulate interest
borrowed money that you never give back
14
operating revenue is
income from sales or services based on goal of the business
money paid by a company to its shareholders
income which doesn't come from the primary goal
15
dividends are
distributing a share of the companies earning to its shareholders
the success in the business
the value of shares which are issues by a company
16
The employment process has four steps to it
False
True
17
the basic calculation equation is
revenue - expenses = profit
expenses × revenue = profit
revenue ÷ expenses = profit
profit - revenue = expenses
18
vertical growth is
a strategy that looks to expand on different points in supply chain
trying to increase usage by its current customers
a strategy that broadens a company by opening locations
19
The business cycle....
the first identified cyclical pattern within the ecology
may also be called expansion or growth
explains the fluctuations in economic activities
20
horizontal growth is
trying to increase usage by its current customers
a strategy that broadens a company by opening locations
a strategy that looks to expand on different points in supply chain
21
the basic accounting equation is
liabilities ÷ owners equity = assets
assets × owners equity =liabilities
assets = liabilities + owners equity
owner equity + assets = liabilities
22
depreciation
are specific for the expense they incur
measures the loss in value of an asset
help identify the source of revenue
23
dividends
money paid by a company to its shareholders
income which doesn't come from the primary goal
income from sales or services based on goal of the business
24
total current liabilities include except
accrued payroll and withholding
notes payable
suppliers
accounts payable
25
productivity is a
sum of whole amount of something
measurement of physical output for each unit of input used
businesses that are newly formed
26
causes of recession include all but
value of the dollar declines
sudden need of a product
product falls behind in usefulness, technology, or want
customer debt
27
revenue accounts
help identify the source of revenue
measures the loss in value of an asset
are specific for the expense they incur
28
growth strategies include all but...
market penetration
market expansions
business penetration
diversification
29
which of the following is not a basic level of organization?
supervisers
bottom managers
operative employees
top management
30
net worth
recognizes every financial transaction affects the two accounts
is the total value of a company or an individual
is the backbone of any accounting system
31
FASB
falling antelope sneaks beats
financial accounting standards board
fat average small bananas
32
current assets
checking or market money accounts
are items of value which a company owns
are the opposite of assets
33
formal structures are
laid-back and undefined
clearly defined and organized
34
an organization is a
grouping of people brought together to accomplish a goal
people working together to do something
35
partnership is an illegal agreement between 2 or more people
False
True
36
informal structures are
laid back and undefined
there is no such thing
clearly defined and organized
37
the juglar cycle was....
explaining the fluctuations in economic activities
invented by german doctor Clementine Juglar
the first identified cyclical pattern within the ecology
38
organization
plays a large role in the success of growth in a businesses
is a strategy that broadens a company by opening locations
should focus on the output within a business to create growth
39
common stock is
units of ownership interest in a corporation
a security which represents ownership of a company
money raised by a business
40
Departmentalization...
are group activities based on work or customer flow
enhances the manageability of an organization
groups activities around common custom categories
divides activities into segments based on location
41
advantages of simple structures are all except...
fast
flexible
inexpensive
have few policies and rules
42
Angle investors are wealthy individuals who seek high returns through private investments
false
true
43
total current liabilities
are the opposite of assets
checking or market money accounts
all that must be paid in one year
checking or market money accounts
44
debits and credits
is the total value of a company or an individual
is the backbone of any accounting system
recognizes every financial transaction affects the two accounts
45
causes of growth include all but
businesses newly formed
poor location
more branches of the business are opened
need for the product rises or is created
46
types of loans include
there is only one loan type
short-term
average-term
long-term
47
market penetration
a strategy that looks to expand on different points in supply chain
a strategy that broadens a company by opening locations
trying to increase usage by its current customers
48
work specialization can cause all but
stress
fatigue
boredom
excitement
49
assets
are items of value which a company owns
are the opposite of assets
checking or market money accounts
50
all are part of a simple structure except
little formalization
widely used in smaller businesses
large organization
centralized authority
51
producers.....
make their own food and energy
i don't know
change raw goods into a more finished form
Develop products for distribution from raw goods
52
double entry account
is the backbone of any accounting system
is the total value of a company or an individual
recognizes every financial transaction affects the two accounts
53
equity is
the success in the business
the value of shares which are issues by a company
distributing a share of the companies earning to its shareholders
54
basic terms and concepts include all except
sales figures
costs of goods sold
gross profit
sales revenue
55
gross domestic product
is the total value of all goods and services produced
marks the lowest levels during recession
may also be referred to as contraction; occurs in all companies
56
accounting systems
recognizes every financial transaction affects the two accounts
is the backbone of any accounting system
are made up of many parts called ledgers
57
The process of reaching a company's goals and objectives by utilizing its resources is...
magnets
planning
accounting
management
58
trade marks are
words/symbols/names or devices used to specify goods
trades that are marked on graphs
idk
59
the net worth equation is
net worth = assets - liabilities
networth ÷ assets =liabilities
liabilities = net worth × assets
60
growth...
sum or whole amount of something
is measured in terms of income
may also be called expansion or recovery
61
The trough
may also be referred to as contraction; occurs in all companies
marks the lowest levels during recession
is the total value of all goods and services produced
62
going public
includes shutting down the company & closing the business
entails offering shares of a company to the public market
is used when the markets owner invested in could inpoled
63
Expensive accounts
help identify the source of revenue
are specific for the expense they incur
measures the loss in value of an asset
64
liabilities
are items of value which a company owns
checking or market money accounts
are the opposite of assets
65
product expansion
a strategy that looks to expand on different points in supply chain
involves expanding the lines of products by adding new features
a strategy that broadens a company by opening locations
trying to increase usage by its current customers
66
FASB is
a non-government group of seven members
detailed accounting principles
not written in law
67
Dividual structure is
a non elaborate division
composed of self contained units or divisions
an expansion of functional departmentalization
68
exit strategies- plans developed by business owners to leave their business
false
true
69
owners equity is
checking or market money accounts
are the opposite of assets
the difference between assets and liabilities
70
GAAP stands for
generally accepted accounting principles
great average american people
group achievement for average penguins
71
The accounting equation is....
liabilities = assets ÷owners equity
owners equity = assets × liabilities
assets = liabilities + owners equity
assets = owners equity - liabilities
72
product departmentalization...
departs the products to the stores
divides and separates products by its function
makes products and sells online

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