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ESB EXAM 2 STUDY GUIDE QUESTIONS AND ANSWERS 
 
 
Expenses - ANSWERS -The costs a business has to maintain operations and sell goods and services. 
 
Accounts payable - ANSWERS -The amount of money a business owes to vendors 
 
Accounts Receivable - ANSWERS -The amount of money customers owe to a business for goods and services sold. 
 
What is a variable cost? - ANSWERS -Hourly wages for an office employee. 
 
Economy Pricing - ANSWERS -Prices that targeting customers looking to save as much mo...
Ace your Entrepreneurship and Small Business (ESB) Certification exam with this comprehensive 2025 practice test and study guide. This essential resource covers key topics: business planning, financial management, marketing strategies, legal considerations, and venture growth. Designed for aspiring entrepreneurs and business students, these verified questions and answers will help you master startup fundamentals, improve business acumen, and build the confidence needed to score 100% on your cert...
Ace your Entrepreneurship and Small Business (ESB) Certification exam with this comprehensive 2025 practice test and study guide. This essential resource covers all key domains: business planning, financial management, marketing strategies, legal considerations, and customer operations. Designed for aspiring entrepreneurs and business students, these verified questions and detailed answers will help you master essential concepts, improve strategic decision-making, and build the confidence needed...
ESB EXAM Study Guide Questions with 100% Correct Answers 
(2025/2026) | Verified Solutions
What is entepenuership? - ANS setting up a buisness with the aim to make a profit 
B2B (business-to-business) - ANS A commercial exchange (e.g., products or services) 
between businesses, typically enabled by the Internet or electronic means. 
B2C (business-to-consumer) - ANS the process by which businesses sell to consumers 
S-Corporation - ANS a form of corporation that avoids double taxation by having its income 
taxed as if it were a partnership 
C-Corporation - ANS an ordinary corporation, ...
ESB EXAM STUDY GUIDE | ACTUAL 
QUESTIONS WITH VERIFIED 
ANSWERS
ESB EXAM (ANSWERS FOR ESB PRACTICE 
TEST ENTREPRENEURSHIP & SMALL 
BUSINESS V.2 - U.S. PRACTICE EXAM 1 
TRAINING) CERTIFIED EXAM QUESTIONS & 
ANSWERS
Flexibility - -Ability to adapt, willingness to 
change 
Courage - -Takes risks in spite of possible 
losses 
Empathy - -Sensitive to thoughts and 
feelings of others 
What are three characteristics of entrepreneurs? 
- -Cr
ESB CERTIFICATION EXAM AND STUDY GUIDE NEWEST 2025 TEST BANK| COMPLETE 400 REAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ (MOST RECENT!!)
ESB V2 CERTIFICATION EXAM BRAND 
NEW VERIFIED QUESTIONS WITH 
ANSWERS.