QUIZ

ENT 300 FUNDAMENTALS OF ENTREPRENEURSHIP

Name

: __________________________________

Student ID

: ___________________________________

Answer all questions. Half () mark for every correct answers.

(Total of 5 marks)
1. That statement will show how much investment in terms of
fixed assets costs, monthly expenses and other cost are
needed to start the business.
2. Give (1) ONE elements in business plan format.
3. This can be determined by dividing total current asset by total
current liabilities.
4. Other name for inventory turnover.
5. This person will need business plan to fully comprehend the
proposed venture before making any investment decision.
6. This items are often expenses incurred once a year or on a
periodic basis.
7. Readers of the business plan.
8. To help the entrepreneur measure the degree of financial risk
that his business faces, so that the entrepreneur can assess
his level of debt and decide whether it is appropriate for the
business.
9. The purpose is to allocate business effectively.
10.
The important of this plan is to be used as a guideline for
implementation. What plan is this?

Project

Efficiency Ratio

Current ratio

implementation

Business plan

Stock turnover

cost

Financial Plan

Investors

Customers

Entrepreneurs

Fixed assets

Pro forma

Target market

Administration

Solvency ratio

Executive

Plan

Employees

Summary

Suppliers

Other Expenses

Proforma

Cash

flow

Market size
Projection turnover

QUIZ
ENT 300 FUNDAMENTALS OF ENTREPRENEURSHIP
Name

: __________________________________

Student ID

: ___________________________________

Answer all questions. Half () mark for every correct answers.

(Total of 5 marks)
11.

That statement will show how much investment in terms

of fixed assets costs, monthly expenses and other cost are

needed to start the business.
12.
Give (1) ONE elements in business plan format.
13.
This can be determined by dividing total current asset by
total current liabilities.
14.
Other name for inventory turnover.
15.
This person will need business plan to fully comprehend
the proposed venture before making any investment decision.
16.
This items are often expenses incurred once a year or on
a periodic basis.
17.
Readers of the business plan.
18.
To help the entrepreneur measure the degree of financial
risk that his business faces, so that the entrepreneur can
assess his level of debt and decide whether it is appropriate
for the business.
19.
The purpose is to allocate business effectively.
20.
The important of this plan is to be used as a guideline for
implementation. What plan is this?

Project

Efficiency Ratio

Current ratio

implementation

Business plan

Stock turnover

cost

Financial Plan

Investors

Customers

Entrepreneurs

Fixed assets

Pro forma

Target market

Administration

Solvency ratio

Executive

Plan

Employees

Summary

Suppliers

Other Expenses

Proforma
flow

Cash

Market size
Projection turnover