Title: Unit 5 Quiz
Course: SLF 125 Business Planning and Startup > Section: SLF 125 Business Planning and Startup

Q: Fixed expenses include all except _____.
- rent
- inventory
- utilities
- insurance
A: inventory

Q: Your business budget and household budget are related and can affect your overall financial situation.
- True
- False
A: True

Q: Which of these types of financing allows a business to raise money without incurring debt or without having to pay back a specified amount of money?
- Personal Bank Accounts
- Small Business Loans
- Equity Investments (selling ownership)
- None of these
A: Equity Investments (selling ownership)

Q: Traditionally, ___________ have been the primary source of small business funding.
- business associations
- family members
- banks
- U.S. government agencies
A: banks

Q: Poor ____________ is most often cited as the reason for small business failures.
- management
- products or services
- location
- economic conditions
A: management