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    ENTREPRENEURSHIP by Hisrich MCQS CHAPTER 11

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    This document contains 4 multiple choice questions about financial information and budgets for entrepreneurship. The questions cover why financial information is important to entrepreneurs, what a cash flow budget describes, what type of budget estimates income and expenses over a period of time, and what capital budgeting is designed to show.

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    ENTREPRENEURSHIP by Hisrich MCQS CHAPTER 11

    Uploaded by

    Tooba
    1K views1 page
    This document contains 4 multiple choice questions about financial information and budgets for entrepreneurship. The questions cover why financial information is important to entrepreneurs, what a cash flow budget describes, what type of budget estimates income and expenses over a period of time, and what capital budgeting is designed to show.

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    ENTREPRENEURSHIP by Hisrich MCQS CHAPTER 11

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    This document contains 4 multiple choice questions about financial information and budgets for entrepreneurship. The questions cover why financial information is important to entrepreneurs, what a cash flow budget describes, what type of budget estimates income and expenses over a period of time, and what capital budgeting is designed to show.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    1K views1 page

    ENTREPRENEURSHIP by Hisrich MCQS CHAPTER 11

    Uploaded by

    Tooba
    This document contains 4 multiple choice questions about financial information and budgets for entrepreneurship. The questions cover why financial information is important to entrepreneurs, what a cash flow budget describes, what type of budget estimates income and expenses over a period of time, and what capital budgeting is designed to show.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Entrepreneurship

    By: Robert D. Hisrich, Michael P. Peters, Dean A Shepherd

    MCQs For Chapter 11

    1. Financial information is important to entrepreneur because:


    A. It pulls together all the information presented in other segments of the business. ▪
    B. It quantifies all the assumptions concerning business operations.
    C. It answers all questions about the business and the entrepreneur.
    D. A and B both are correct.

    2. The cash flow budget describes:


    A. Cash inflows / Cash outflows.
    B. Cash outflows / Account receivables.
    C. Interest income / interest expense.
    D. Profits/Costs.

    3. A budget that is a statement for estimated income and expenses over a specified
    period of time is referred to as an:
    A. Anticipated budget
    B. Operating budget
    C. Entrepreneurial budget
    D. Capital budget

    4. Capital budgeting is designed to show:


    A. If the entity should purchase anything.
    B. Which project is most profitable.
    C. Which of several mutually exclusive projects should be selected?
    D. How to evaluate projects based on rate of return.

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