Need . needs to be answered within the next 3 hours.

question 1
which of the following has the greatest impact on your cash flow?
a. high-priced inventory
b. low-priced inventory with high turnover
c. your lease agreement
d. your market research

question 2
lily operates a gift shop and has a lot of inventory to manage. she counts inventory once every 4 weeks. preparing and placing orders (the order cycle) takes 2 weeks. the orders take 6 weeks to arrive. what is her needs period?
a. 8
b. 10
c. 12
d. 14

question 3
john d. rockefeller said, "the secret of success is to do the common thing "
a. all the time
b. uncommonly well
c. with a sense of panache
d. without complaining

question 4
kiosks and carts are ideal locations for
a. clothing outlets.
b. pop-up retailers.
c. hair salons.
d. manufacturing plants.

question 5
when a business is located in a strip mall or shopping center, what is it known as?
a. a home-based space
b. a mobile space
c. a retail space
d. an industrial space

question 6
which of the following is a 100% deductible business expense for self-employed persons?
a. health insurance
b. life insurance
c. homeowner's insurance
d. none of the above

question 7
juan has a retail business selling skateboard supplies. he maintains large stockpiles of every item he sells in a warehouse on the outskirts of town. he keeps finding that he has to reorder certain supplies all the time but others only once a year. how can he solve this problem?
a. focus his stock on the most vital items while keeping those that do not sell as well at lower levels.
b. increase the stock of all items and move his inventory to a larger warehouse.
c. keep a limited stock of all items and special order items when they run out.
d. stop offering a variety of products and only stock a few items that sell moderately well.

question 8
the amount you budget for inventory over a period of three months is called
a. projected purchase.
b. revenue.
c. invoice anticipation.
d. open to buy.

question 9
carmella has a small workshop where she has equipment to make ceramics. much of the equipment was purchased 10 years ago. recently, her workshop had a fire that destroyed a lot of her equipment. the insurance company has said that it will reimburse her for the amount she paid for the equipment 10 years ago. what type of insurance coverage was carmella lacking?
a. umbrella
b. workers' compensation
c. business interruption
d. replacement cost

question 10
if a location offers incentives for moving in, it may be a sign of
a. a thriving business.
b. gentrification.
c. problems.
d. bad plumbing.

question 11
when signing a lease for a retail space, it's important to make sure the lease has a clause, which releases the tenant from the lease if sales don't reach an agreed-upon amount.
a. tenancy
b. bail-out
c. co-tenancy
d. bankruptcy

question 12
you may not want a lot of foot traffic if your business involves
a. parties.
b. confidentiality.
c. a lot of activity.
d. high-volume sales.

question 13
john has a plumbing business. he is trying to decide if he needs to pay for his employees to be bonded. which of the following is true of bonding?
a. it's attractive to customers, because it covers any losses from damage that occur due to faulty work.
b. it's the same thing as insurance.
c. the bonding company doesn't require collateral.
d. it's never required by law.

question 14
how much liability coverage does the average small business need?
a. $100,000 to $200,000
b. $500,000 to $1 million
c. $2 million to $3 million
d. $3 million to $4 million

question 15
how many states require workers' compensation insurance?
a. 10
b. 15
c. 25
d. 50

question 16
before inflation, what was the name of the sales method most businesses used?
a. last in, first out
b. up end, then out
c. first in, first out
d. over and out

question 17
what is one of the major problems with working at home?
a. distractions
b. clothing expenses
c. high overhead
d. poor lighting

question 18
according to management education expert ashok rao, companies can increase their profitability by through careful inventory management.
a. 5% to 10%
b. 10% to 25%
c. 20% to 50%
d. 75%

question 19
insurance that adds an extra layer of protection for liabilities not covered by your other policies is known as
a. umbrella coverage.
b. multilayered coverage.
c. optional sources.
d. variable protection.

question 20
what common business mistake can cost you everything?
a. failure to unlock the front door
b. failure to buy adequate business insurance
c. failure to build a sticky website
d. failure to find the best name your business