$1.$ What is the primary purpose of a business plan?

a$)$ Secure funding

b$)$ Provide a blueprint for operations

c$)$ Create marketing campaigns

d$)$ Conduct market research

$2.$ Which of the following is an example of a fixed cost for a business?

a$)$ Rent

b$)$ Labor

c$)$ Raw materials

d$)$ Marketing expenses

$3.$ In finance, what does the term "liquidity" refer to$?$

a$)$ Ability to pay off long$-$term debt

b$)$ Ability to sell assets quickly without significant loss

c$)$ Ability to generate consistent profits

d$)$ Ability to attract investors

$4.$ Which economic indicator measures the level of consumer prices and inflation?

a$)$ GDP growth rate

b$)$ CPI $($Consumer Price Index$)$

c$)$ Unemployment rate

d$)$ Exchange rate

$5.$ What is the process of identifying potential risks and developing strategies to mitigate them in business called?

a$)$ Risk assessment

b$)$ Risk avoidance

c$)$ Risk acceptance

d$)$ Risk transfer