In what circumstances would business expenses be passed on to a client? a) if they are directly related to a project for that specific client b) if they improve the effectiveness of the business's employee c) if the client has paid for similar expenses in the past d) if the business is not sure if the expenses are necessary all of the following are examples of start up costs except? a) payroll taxes b) first and last months’ rent purchasing c) required equipment d) hiring a lawyer to review a franchise agreement a bank or other investor will consider a business solid of it has a debt ratio of a) 40% b) 50% c) 60% d) 70% cash basis and accrual accounting methods will produce slightly different bottom lines true false

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.

Which statement best describes entrepreneurship aitmakes people very rich b it relies on large financial investments c it is only possible in the retail industry d it requires creativity and ambition