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Ninth Grade (Grade 9) Business Technology Questions

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Grade 9 Business Technology
An advantage of buying an existing business is that
  1. there will not be any customer goodwill
  2. is is making a profit
  3. suppliers are lined up
  4. less capital is required
Grade 9 Business Technology
Grade 9 Business Technology
A disadvantage of buying an existing business is that
  1. capital is required.
  2. banks are less likely to lend money.
  3. policies and procedures are established.
  4. prior records make financial planning more difficult.
Grade 9 Business Technology
You should be suspicious when buying a business if the owner refuses to provide
  1. requested information.
  2. training.
  3. financing.
  4. an accountant or a valuator.
Grade 9 Business Technology
(Check all that apply) You can find businesses for sale through
  1. bankers.
  2. classified ads.
  3. leasing agents.
  4. stockbrokers.
Grade 9 Business Technology
Grade 9 Business Technology
If you press undo by mistake, click:
  1. redo.
  2. undo.
  3. save.
  4. paste.
Grade 9 Business Technology
Removing a file from a folder is called:
  1. deleting.
  2. copying.
  3. formatting.
  4. renaming.
Grade 9 Business Technology
An advantage of entering a family business is
  1. freedom to make decisions
  2. working with relatives
  3. being able to set procedures
  4. not having to compromise
Grade 9 Business Technology
Grade 9 Business Technology
Which of the following are a disadvantage of sole proprietorship?
  1. High start up costs
  2. Unlimited liability
  3. Difficult to sell
  4. Extensive record keeping
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