Practice Exam Question Bank Solved Questions) (100% Verified Questions And Answers

Practice Exam Question BankWhich survey method is the most expensive?A) TelephoneB) MailC) PersonalD) Internet>>> C) PersonalIn 2011 online retail sales are expected to reach 400 billion dollars.-True-False>>> FalseThe Internet is a useful tool to access information but is generally not a good vehicle for marketing goods and services.-True-False>>> FalseSole proprietorships:A) have no time limit on how long they may exist.B) are perpetual.C) continue even upon the death of the owner.D) allow a member of the deceased partner's family take over as a partner.>>> A) have no time limit on how long they may exist.The _______ imposes oversight responsibilities on members of the board of directors.A) Social Security ActB) Fair Labor Practices ActC) Taft-Hartley ActD) Sarbanes-Oxley>>> D) Sarbanes-OxleyThe marketing plan is not meant to be a commitment by the entrepreneur to a specific strategy.-True-False>>> FalseCash flow is the same thing as profit.-True-False>>> False______ control compares the cost figures estimated in the business plan with actual day-to-day operations costs.A) ProductionB) SalesC) InventoryD) Costs>>> A) Production_______ have unlimited liability for the actions of the business.A) Limited liability company membersB) Corporate shareholdersC) General partnersD) Limited partners>>> C) General partnersThe part of the plan that describes the location and size of