DO NOT WRITE ANYTHING IN THE QUESTIONAIRE ! ! !

APPLIED ECONOMICS
Module 4 Quiz
___11. It refers to the value reduction of the noncurrent asset
primarily due to natural wear and tear and other-
___1. This is the best friend of Manpower. reducing factors.
___2. This is one of the biggest investments of a business. ___12. It is a core financial statement that describes the
___3. It is manufacturing own products or offer services. financial position of the business.
___4. The process of appointing a third-party manufacturer to ___13. It is the right to protect the entrepreneur regarding
do the manufacturing operations of the business. the product or service.
___5. Storing the finished goods manufactured in a facility ___14. It is a sign or symbol that helps distinguish the product
until they are distributed to end users. from others.
___6. These are positive signals that can help entrepreneurs ___15. It represents the resources of the business that are
develop ideal business models and eventually succeed. expected to have future economic value.
___7. These are negative signals that entrepreneurs should be ___16. It is the process of efficiently transferring the products
wary of. to retailers or consumers.
___8. The money that will be allocated by the entrepreneur to ___17. This is the liquid assets that can be exchanged to cash
establish a business. within one year.
___9. Refers to a high value asset that is submitted by the ___18. It is what the business owes to another person, a
business to the bank when applying for a loan and will financial institution, or any creditor.
be subject for repossession. ___19. These are those who offer exactly the same product /
___10. A financial statement that details the computation of product lines or services as the entrepreneur.
net revenue by deducting cost of sales, expenses, and ___20. These are those that do not offer exactly the same
taxes from the gross revenues generated. products or services but influence or affect the
entrepreneur’s market share.

DO NOT WRITE ANYTHING IN THE QUESTIONAIRE ! ! !

APPLIED ECONOMICS
Module 4 Quiz
___11. It refers to the value reduction of the noncurrent asset
primarily due to natural wear and tear and other-
___1. This is the best friend of Manpower. reducing factors.
___2. This is one of the biggest investments of a business. ___12. It is a core financial statement that describes the
___3. It is manufacturing own products or offer services. financial position of the business.
___4. The process of appointing a third-party manufacturer to ___13. It is the right to protect the entrepreneur regarding
do the manufacturing operations of the business. the product or service.
___5. Storing the finished goods manufactured in a facility ___14. It is a sign or symbol that helps distinguish the product
until they are distributed to end users. from others.
___6. These are positive signals that can help entrepreneurs ___15. It represents the resources of the business that are
develop ideal business models and eventually succeed. expected to have future economic value.
___7. These are negative signals that entrepreneurs should be ___16. It is the process of efficiently transferring the products
wary of. to retailers or consumers.
___8. The money that will be allocated by the entrepreneur to ___17. This is the liquid assets that can be exchanged to cash
establish a business. within one year.
___9. Refers to a high value asset that is submitted by the ___18. It is what the business owes to another person, a
business to the bank when applying for a loan and will financial institution, or any creditor.
be subject for repossession. ___19. These are those who offer exactly the same product /
___10. A financial statement that details the computation of product lines or services as the entrepreneur.
net revenue by deducting cost of sales, expenses, and ___20. These are those that do not offer exactly the same
taxes from the gross revenues generated. products or services but influence or affect the
entrepreneur’s market share.
DO NOT WRITE ANYTHING IN THE QUESTIONAIRE ! ! !
APPLIED ECONOMICS
Module 4 Quiz
___1. It refers to the value reduction of the noncurrent asset
primarily due to natural wear and tear and other-
reducing factors.
___2. It is a core financial statement that describes the
financial position of the business.
___3. It is the right to protect the entrepreneur regarding
the product or service.
___4. It is a sign or symbol that helps distinguish the product
from others.
___5. It represents the resources of the business that are
expected to have future economic value.
___6. It is the process of efficiently transferring the products
to retailers or consumers.
___7. This is the liquid assets that can be exchanged to cash
within one year.
___8. It is what the business owes to another person, a
financial institution, or any creditor.
___9. These are those who offer exactly the same product /
product lines or services as the entrepreneur.
___10. These are those that do not offer exactly the same
products or services but influence or affect the
entrepreneur’s market share.
DO NOT WRITE ANYTHING IN THE QUESTIONAIRE ! ! !
APPLIED ECONOMICS
Module 4 Quiz
___1. It refers to the value reduction of the noncurrent asset
primarily due to natural wear and tear and other-
reducing factors.
___2. It is a core financial statement that describes the
financial position of the business.
___3. It is the right to protect the entrepreneur regarding
the product or service.
___4. It is a sign or symbol that helps distinguish the product
from others.
___5. It represents the resources of the business that are
expected to have future economic value.
___6. It is the process of efficiently transferring the products
to retailers or consumers.
___7. This is the liquid assets that can be exchanged to cash
within one year.
___8. It is what the business owes to another person, a
financial institution, or any creditor.
___9. These are those who offer exactly the same product /
product lines or services as the entrepreneur.
___10. These are those that do not offer exactly the same
products or services but influence or affect the
entrepreneur’s market share.
___11. This is the best friend of Manpower.
___12. This is one of the biggest investments of a business.
___13. It is manufacturing own products or offer services.
___14. The process of appointing a third-party manufacturer
to do the manufacturing operations of the business.
___15. Storing the finished goods manufactured in a facility
until they are distributed to end users.
___16. These are positive signals that can help entrepreneurs
develop ideal business models and eventually succeed.
___17. These are negative signals that entrepreneurs should
be wary of.
___18. The money that will be allocated by the entrepreneur
to establish a business.
___19. Refers to a high value asset that is submitted by the
business to the bank when applying for a loan and will
be subject for repossession.
___20. A financial statement that details the computation of
net revenue by deducting cost of sales, expenses, and
taxes from the gross revenues generated.
___11. This is the best friend of Manpower.
___12. This is one of the biggest investments of a business.
___13. It is manufacturing own products or offer services.
___14. The process of appointing a third-party manufacturer
to do the manufacturing operations of the business.
___15. Storing the finished goods manufactured in a facility
until they are distributed to end users.
___16. These are positive signals that can help entrepreneurs
develop ideal business models and eventually succeed.
___17. These are negative signals that entrepreneurs should
be wary of.
___18. The money that will be allocated by the entrepreneur
to establish a business.
___19. Refers to a high value asset that is submitted by the
business to the bank when applying for a loan and will
be subject for repossession.
___20. A financial statement that details the computation of
net revenue by deducting cost of sales, expenses, and
taxes from the gross revenues generated.