subject name venture startup (business administration)

This or those forms of business organistion have possible development of conflict between members Select one or more: O a. Corporation b. Sole Proprietorship C. Co-operatives d. Partnership What is a Financial Statements Select one: O a. Reports such as the balance sheet, income statement, and cash flow statement O b. the assets, liabilities, and owner's equity C. money that you will spend on insurance which can include insurance for your facility, liability insurance, Worker's Compensation d. money you will spend on bank service charges e. amount owed to others for goods or services O f. revenues generated and the expenses incurred by an business within a given period of time g. money owed to your business h. this ratio reflects how many days it may take for you to collect your accounts receivable What is an Income Statement Select one: O a. revenues generated and the expenses incurred by an business within a given period of time b. this ratio reflects how many days it may take for you to collect your accounts receivable C. money you will spend on bank service charges O d. money that you will spend on insurance which can include insurance for your facility, liability insurance, Worker's Compensation e. money owed to your business O f. amount owed to others for goods or services O g. Reports such as the balance sheet, income statement, and cash flow statement O h. the assets, liabilities, and owner's equity Owning your own business can offer you the opportunity to experience freedom: Select one or more: a. to use your own ideas b. to earn as much as you want C. to be the boss d. to be fired What are the advantages of Sole Proprietorship Select one or more: a. unlimited liability b. all profits to owner C. additional sources of investment capital d. divided authority e. owner in direct control of decision making O f. greatest freedom from regulation This type of corporation must file a prospectus with the appropriate Securities Commission in the province Select one: O a. Public Corporation O b. Limited Partnership c. General Partnership O d. Private Corporation Identify the Forms of Business Organization that have the advantage of limited liability Select one or more: O a. Sole proprietorships b. Partnerships C. Co-operatives d. Corporations What are the advantages of a Corporation Select one or more: a. limited regulation b. divided authority c. limited liability d. all profits to owner e. ease of formation of ownership is transferable What is included in the executive summary? (select all that apply) Select one or more: 0 a. the amount of money you are demanding O b. your management background O c. the main objectives of your organization O d. the type of business activity in which you are engaged O e. if this is a new business venture O f. your product or service and its uniqueness What is included in the executive summary? (select all that apply) Select one or more: O a. the amount of money you are demanding O b. your management background O c. the main objectives of your organization O d. the type of business activity in which you are engaged e. if this is a new business venture O f. your product or service and its uniqueness Lack accoun ts for nearly all of small business failures Select one: a. of cash down O b. of shareholder O c. of partners O d. of management experience A balance sheet shows Select one: a. your Banking and Other expense O b. the percent of your revenues that you expect to collect in the month that the sales are made C. your ending inventory levels, and the amounts that will be payable at the end of the year O d. the assets, liabilities, and owner's equity of your business at a particular date