Question 1 1 pts Assets generally refer to what a company owns and can sell for cash. True False Question 2 1 pts The cash flow in a business is never the same as the profit. True False U Question 3 1 pts Breakeven point is when a company loses some money in the short term. True False Question 4 1 pts Personal funds refers to your raised money in your account that can be attributed to you, including money that you borrowed from your uncle. True False Question 5 1 pts Going public refers to when parts of the company are sold as stocks or shares to investors, who then end up becoming very minority owners of the business. True False 1 pts Question 6 The main difference between fixed and variable rate loans that an entrepreneur would receive from a bank is that fixed rates stay the same and variable rates may change month to month. True False Question 7 1 pts An adjustable rate mortgage (ARM) refers to a mortgage payment that stays the same for every single payment you make during the duration of the loan. True False