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ESB Exam Study Guide Questions and Answers 100% Pass

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ESB Exam Study Guide Questions and Answers 100% Pass Acquisition Cost - the cost of obtaining data that you don't have Contingency costs - amount of money included to cover potential events that are not specifically accounted for in a cost estimate Variable Cost - a cost that rises or falls depending on how much is produced fixed costs - costs that do not vary with production or sales level pro forma - financial statement Small Business Administration (SBA) - government agency that helps small business owners develop business plans and obtain financing Limited Liability Company (LLC) - a form of business ownership that offers both limited liability to its owners and flexible tax treatment S cooperation - a small business entity that is created under state laws liquid assets - cash and items that can be quickly converted to cash Assets - resources owned by a business dividend - The portion of corporate profits paid out to stockholders liability - An amount owed by a business

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ESB Exam Study Guide Questions and
Answers 100% Pass


Acquisition Cost - ✔✔the cost of obtaining data that you don't have

Contingency costs - ✔✔amount of money included to cover potential events that are not
specifically accounted for in a cost estimate

Variable Cost - ✔✔a cost that rises or falls depending on how much is produced

fixed costs - ✔✔costs that do not vary with production or sales level

pro forma - ✔✔financial statement

Small Business Administration (SBA) - ✔✔government agency that helps small business
owners develop business plans and obtain financing

Limited Liability Company (LLC) - ✔✔a form of business ownership that offers both
limited liability to its owners and flexible tax treatment

S cooperation - ✔✔a small business entity that is created under state laws

liquid assets - ✔✔cash and items that can be quickly converted to cash

Assets - ✔✔resources owned by a business

dividend - ✔✔The portion of corporate profits paid out to stockholders

liability - ✔✔An amount owed by a business



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