Business Plan Made Easy

Some business questions with yes or no answers? VERY EASY 10pts?

I ONLY NEED YES or NO ANSWERS

Is a balance sheet of assets and liabilities at a point in time? YES

Is the difference between assets and liabilities called your cash flow? NO

Are variable expenses for the same amount each time? NO

Is a budget variance a difference between budgeted amounts and actual spending? YES

Is the most popular retirement income plan the individual retirement account (IRA)? Debatable, I would say NO, 401k is.

Are cash inflows the money you spend on food, clothing, and other living expenses? NO

Does estates planning include the distribution of your property at death? YES

Is a an annuity a series of reguar payments made to a retired worker under a plan? YES

Business Plans Made Easy

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