Pobf - Study guides, Class notes & Summaries
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POBF EXAM REVIEW QUESTIONS AND ANSWERS RATED A
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POBF EXAM REVIEW QUESTIONS 
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POBF Exam Review 5-7|173 Review Quiz Questions Well Answered|64 Pages |Success Guaranteed
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"To form my business, I used all of my savings and borrowed from the bank, and I'm personally liable for all of the debts." This is an example of which of the following forms of business ownership: 
Partnership 
Corporation 
Cooperative 
Sole proprietorship - ️️sole proprietorship 
A bank denies a business owner's application for credit saying, "We feel that you would be unable to make the monthly payments because of your other debts." What financial report did the bank review? 
 
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pobf package deal
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POBF PACKAGE DEAL|COMBINED SETS|SUCCESSGUARANTEED
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POBF 103 Quiz Questions Well Solved|2024
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________ are potential events or situations that can cause injury, or harm to people, property or the environment. - ️️Hazards 
A business that writes letters to customers to confirm their orders or requests should make sure that the letters contain: - ️️all the necessary information 
A farmer has 1,000 acres. He decides to plant apple trees on 800 acres and raise cows on the remaining 200 acres. If he wanted to raise more cows, he would have to reduce the amount of land allotted to grow...
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POBF 6|87 Quiz Questions Well Answered|2024
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Banks/Vendors use the balance sheet - - ️️determine how much credit they'll extend to a company 
Beginning cash balance - ️️the amount of money a business has available at the beginning of each month. 
Cash payments - ️️sources of cash flowing out of the business 
Cash receipts - ️️specific sources of money flowing into the business 
Creditors use businesses accounting information - - ️️When deciding to grant a loan 
Define the term accounting. - ️️process of keeping fin...
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POBF 145 FINAL EXAM QUIZ QUESTIONS WELL SOLVED
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A business selects goods or services to sell. Which type of risk is this business using? - ️️controlling risk 
A business that begins selling winter holiday decorations in late autumn is creating what type of utility? - ️️time 
A business that writes letters to customers to confirm their orders or requests should make sure that the 
letters contain - ️️all the necessary information 
a characteristic of a sole proprietorship is that the owner : - ️️receives all the profit 
A farm...
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POBF 93 Final Exam Review Quiz Questions Correctly Answered
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93 - ️️If 3 employees each work 35 hours a week and produce a total of 9765 items what is their total hourly productivity level 
A Monetary reward - ️️What is profit in business terms 
A sellers market - ️️A killing frost destroys 80% of Florida's citrus crop This will most likely create 
A special promotion fails to increase sales - ️️Which is an example of a speculative business risk 
A unique individual - ️️It is easier for employees to develop positive customer client re...
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POBF 61 Quiz Questions Well Answered|2024
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- the name of the addressee, name of the business, street address, city, state abbreviation, and zip - ️️Inside address 
a particular group at which a film, book, advertising campaign, speaker, etc. is aimed or trying to reach. - ️️5. Target Audience 
A realistic visual representation that allows you to see exactly what is being described - ️️Pictures 
A rhetorical strategy and method of organization in which a writer examines similarities and/or differences between two people, place...
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POBF 79 Benchmark Questions Well Answered|2024
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A business selects goods or services to sell. Which type of risk is this business using? - ️️controlling risk 
A business that begins selling winter holiday decorations in late autumn is creating what type of utility? - ️️time 
A farmer has 1,000 acres. He decides to plant apple trees on 800 acres and raise cows on the remaining 200 acres. If he wanted to raise more cows, he would have to reduce the amount of land allotted to growing apples. This is an example of: - ️️opportunity cos...
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POBF 50 EXAM REVIEW 1 Questions And Answers
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A business that writes letters to customers to confirm their orders or requests should make sure that the letters contain: - ️️All the necessary information. 
A common form of written communication in business because of its rapid delivery, ease of use and ability to reach large audiences are: - ️️Emails 
A company sold 500 shares of stock and still relies on a central body of people for financial directions. This is an example of what type of business? - ️️Corporation 
A good exampl...
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