Financing Check

Financing Check

1. The section of the business plan that states how a company will sell and communicate to its potential customers and suppliers is described in the
   
   1. service and product line section.
   2. marketing and sales management section.
   3. market analysis section.
   4. financial projections section.

   
   

2. Which section of a business plan outlines a management summary of the projected business?
   
   1. Marketing plan
   2. Financial plan
   3. Executive summary
   4. Management team
   
   
3. An organization where the liability of the business owners is limited to the full, paid-up value of the share capital is referred to as a
   
   1. limited liability.
   2. unlimited liability.
   3. public limited liability.
   4. partnership.
   
   
4. Which of the following is an example of external financing?
   
   1. Owner financing
   2. Venture capital investing
   3. Joint utilization
   4. Sweat equity

Source:Boundless
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Answers

1. b
2. c
3. a
4. b