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3.03 Venture-Entrepreneurship Terms Flashcards | StudBud
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3.03 Venture-Entrepreneurship Terms
3.03 Venture-Entrepreneurship Terms
12 terms
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StudBud Administration
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Career Management concept 3.03
Flashcards
12 cards
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Practice quiz
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Questions
12
Answers
1
A debt due in less than 12 months.
cash flow control
Current liability
Cash Basis of accounting
Capital
2
The sale of products and services over the Internet.
Equity
Entrepreneur
E-Commerce
Depreciation
3
A non-cash expense of doing business
Equity
Entrepreneur
Depreciation
E-Commerce
4
One who organizes, operates and assumes the risk in a business.
Equity
E-Commerce
Entrepreneur
Depreciation
5
A "point in time" snapshot listing all of your assets as well as your liabilities
Bank account reconciliation
Business profile
Balance Sheet
Business plan
6
Comparing and matching your checkbook balance with your bank balance.
Business plan
Business profile
Balance Sheet
Bank account reconciliation
7
A concise definition and description of your intended business & how you will run it.
Business plan
Bank account reconciliation
Balance Sheet
Business profile
8
An ownership interest in a business.
E-Commerce
Equity
Entrepreneur
Depreciation
9
A simple method of projecting your future needs for cash.
Current liability
cash flow control
Cash Basis of accounting
Capital
10
A written outline that evaluates all aspects of your business.
Bank account reconciliation
Business plan
Business profile
Balance Sheet
11
The funds and assets invested in a business by the owners.
Cash flow control
Cash Basis of Accounting
Capital
Current Liability
12
A Method to recognize income when you receive the cash and expense when you receive the bill.
Cash Basis of accounting
cash flow control
Current liability
Capital
