Ch 3 Buisiness Basics

Which of the following items is NOT considered to be a part of an individuals total assets

Of the following descriptions which does NOT represent a way an employee can be paid?

Compensation guarantee certain money regular basis & additional income when employee meet goal

Inventory is also referred to as which of the following terms

Skin care center's income is greater than operating expenses, skin care center is operating at

Which of the following terms comprises all the property a person owns

"Middleman" contracts,sell professional product as link between manufacturer & skin care center

Procedure in skin care center ensures products are accounted from time added until they sell

Which type of business is owned by shareholders or members who have funds invested in company

A with holding tax that is planned savings/retirement fund for every worker in the US is called

A skin care center should keep all records of daily sales and services for at least

Accountants frequently refer to income as

A suggested telephone answering tip is to answer the phone within how many rings

Which type of rent allows owners to predict monthly expenses carefully?

In many cases who is the first person to greet a client?

The following is best determining factor which to establish service prices for skin care center

A set dollar amount paid per month plus a percentage of the total monthly income is called

The most effective form of advertising is often:

Which of following is a typical commission rate for an employee to receive when selling retail

Which of the descriptions listed below does NOT represent an element of a business plan

A business owned by two or more persons is a

Which advisor travels within a "territory" to sell products and equipment to skin care centers

Which of following statements best describes the order in which to count back change to client

An advisor on borrowing money, signing rental agreements and assuming tax responsibilities

Estimate what you think you'll earn in revenues & what you think you will pay out in expenses