MGRADES EXAMS
Gmetrix Test UPDATED ACTUAL Exam
Questions and CORRECT Answers
Which two are benefit of using Angel investors to help start a business? (Choose two) -
CORRECT ANSWER - Angels often accept a lower return on investment compared to
other sources of equity capital.
Angel investors typically do not expect to be paid until the business begins making money.
Match each Asset or Liability to its corresponding category on a Balance Sheet - CORRECT
ANSWER - Long-Term Assets: Equipment
Current Assets: Inventory
Current Liabilities: Bank Loans
Long-Term Liabilities: Mortgage Payments
You have an idea for a new service. Market research suggests the service is needed to solve a
problem and will be enthusiastically embraced by customers - CORRECT ANSWER -
What is one of the first steps you must do before offering a new service?
Identify knowledge required
Which tool is most useful in helping Customer Service support sales strategies? - CORRECT
ANSWER - Customer Relationship Managment (CRM)
Place the Elements of a Sales Process in the correct order. - CORRECT ANSWER - 1.
Prospecting
2. Preparation
3. Approach
4. Presentation
5. Handling Objections
6. Closing
7. Follow-up
Gmetrix Test UPDATED ACTUAL Exam
Questions and CORRECT Answers
Which two are benefit of using Angel investors to help start a business? (Choose two) -
CORRECT ANSWER - Angels often accept a lower return on investment compared to
other sources of equity capital.
Angel investors typically do not expect to be paid until the business begins making money.
Match each Asset or Liability to its corresponding category on a Balance Sheet - CORRECT
ANSWER - Long-Term Assets: Equipment
Current Assets: Inventory
Current Liabilities: Bank Loans
Long-Term Liabilities: Mortgage Payments
You have an idea for a new service. Market research suggests the service is needed to solve a
problem and will be enthusiastically embraced by customers - CORRECT ANSWER -
What is one of the first steps you must do before offering a new service?
Identify knowledge required
Which tool is most useful in helping Customer Service support sales strategies? - CORRECT
ANSWER - Customer Relationship Managment (CRM)
Place the Elements of a Sales Process in the correct order. - CORRECT ANSWER - 1.
Prospecting
2. Preparation
3. Approach
4. Presentation
5. Handling Objections
6. Closing
7. Follow-up
