test4

Question 1

an investment worth money a financial investment indicating ownership.

Answer 1

Securities

Question 2

an investment vehicle.

Answer 2

Security

Question 3

the ability to peruse what you think is right or necessary to do despite temptations to quit.

Answer 3

Self-Discipline

Question 4

the ability to pursue a task without being told by someone else.

Answer 4

Self-Motivation

Question 5

cost that vary somewhat based on the number of units you sell.

Answer 5

Semi-Variable Costs

Question 6

an individual that owns a company sole proprietorship are taxed on the profits of the company.

Answer 6

Sole Proprietorship

Question 7

one of the equal parts into which a company’s capital is divided entitling the holder to a proportion of the profits.

Answer 7

Share

Question 8

an individual or company that owns shares in a company.

Answer 8

Shareholder

Question 9

all people or companies associated with an enterprise.

Answer 9

Stakeholders

Question 10

shares of ownership in a company.

Answer 10

Stocks

Question 11

a company that provides a good or service to another company.

Answer 11

Supplier

Question 12

the hard work a small business owner puts into forming founding and operating his/her business.

Answer 12

Sweet Equity

Question 13

the exact customers and market sector the business intends to serve.

Answer 13

Target Market

Question 14

working with others to address a challenge.

Answer 14

Teamwork

Question 15

fixed cost plus variable cost.

Answer 15

Total Costs

Question 16

units times price.

Answer 16

Total Revenue

Question 17

the practice of operating openly and communicating fully.

Answer 17

Transparency

Question 18

assets that are not already pledged as a guarantee to repay another loan.

Answer 18

Unencumbered

Question 19

units refer to things the company sells.

Answer 19

Units

Question 20

debt that does not include a promise by a guarantor to repay the loan in the event the debtholder is unable to make a required payment.

Answer 20

Unsecured Debt

Question 21

costs that vary based on the units sold by your enterprise.

Answer 21

Variable Costs

Question 22

5 steps to becoming certified

Answer 22

self assessment
self assessment presentation
micro enterprise credit application 
company registration
online tests