1.
______ are tangible items that can be seen, touched and held.
2.
The study of cost-volume profit analysis is used for ______
3.
The main aims of financial management is to ensure that a business is both successful and ______
4.
Total variable cost (TV/C) has a direct relationship with ______
5.
______ is one of the problems associated with financial management.
6.
The factors to consider when starting a business which require through research into you target market by considering how your business can solve your customer’s problems is ______
7.
The cost that are approximately fixed for over a small range of output, but vary over a large range of output is known as ______
8.
Sound financial management is the careful and prudent management of your companies financial.
9.
The business plan process which has to do with conducting thorough market research to enable you understand the industry and how to stand out from competitors is _____
10.
Without sound ______ management, decision making is flawed
11.
_______ is a record needed for financial management.
12.
______ is a situation where available capital is insufficient to pay all obligations of the business.
13.
The point where the total sales and total cost intersect is known as ______
14.
All are ways of owning a small business except _______
15.
All are problems of entrepreneurship except ______
16.
One of the following is not an advantage of self-employed.
17.
All are qualities of entrepreneur except _______
18.
______ is not a type of loan.
19.
______ is not sources of finance to business men
20.
Business exists to achieve certain objectives which include _______ (a) lack of fund (b) lack of inadequate experience (c) payment of debt (d) profit making
21.
Another name for mixed costs is ______
22.
_______ is one of the factors encouraging small scale business failure.
23.
______ has an inverse relationship with volume where it decreases when the volume is increase and increases when the volume is decrease.
24.
All are factors to consider in starting a business except _____
25.
The scope small business covers the following except one ______
26.
______ is one of the problems associated with small scale business.
27.
The following are sources of funds for small enterprises except ______
28.
Net loss area is derived when the cost is greater than ______
29.
There are ______ methods in deciding breakeven point.
30.
_______ is not government incentives Programme to small business.
31.
______ is a written document that describes the products or services the business will offer and how it will achieve its goals.
32.
The business plan process which really go into details in describing the business which include the following business registered name, address of the business is ______
33.
______ is one of the ways in solving financial management problems
34.
The process of writing a business plan which gives a brief introduction to your business is known as ________
35.
18. The following are factors that can determine the level of business success except _____
36.
What first comes to your mind before you start up a business.
37.
What is the full name for CAC
38.
Breakeven analysis is the study of the relationship between _____
39.
The following are methods of splitting mixed cost except ______
40.
As a small enterprise, you must register your business with ______ to enable you have an advantage over your competitors in terms of business expansion.
41.
Breakeven can be approach in the following method except _____
42.
______ is one of the advantages of financial management.
43.
Breakeven point means ______
44.
All are advantages of self-employment except ______
45.
Fixed cost are those costs that tend to remain _______ in total within a given period of time.
46.
______ is a business which is owned and controlled by one or few persons.
47.
In observing changes in the environment, ______ is highly relevant to business opportunities identification.
48.
______ is one of the steps in identifying business opportunities
49.
The following are frustrating factors one may encounter in being self-employed except ______
50.
_______ is a government policy which is held in a very high esteem for both small- or large-scale business owners because it is used, in developing the economy.
51.
Government requires the following in order to regulate business except one _________
52.
The following are the advantages of owning a business except _______
53.
_______ has both qualities of fixed and variable cost which change as output changes but not in the same proportion.
54.
_________ is a rule that guides decisions, resulting in positive outcomes that promote the community.
55.
One of the symptoms of business failures identified by oshagbert in 1983 is _______
56.
A good business plan is a _____ on how to structure run and grow your new business.
57.
To enable one control mixed cost, we must ______them.
58.
______ is one of the steps in identifying business opportunities which has to do with understanding problem
59.
The following are the processes involve in writing a business plan except _____
60.
All are type of loan except one ______
61.
_______ is not an institution in promoting entrepreneurship
62.
______ is an organization that attempt to earn profit by providing goods and services that is needed by the society.
63.
In the cost-volume-profit analysis diagram, net profit area is derived when sales is more than _______
64.
Breakeven analysis is used for the following except ______
65.
_______ is the change of taking advantage of an occurrence in the market for business gain.
66.
______ is a source of financing to a business.
67.
In buying an existing business ______ is one of the advantages.
68.
In business _______ is a key to success, without it a business can not expand and succeed.
69.
Government regulates business through the following except.
70.
______ is a tool you will use and not a total you will use.
