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Test Personal finance

QUESTION 1: WHAT IS THE FIRST THING TO DO BEFORE STARTING A BUSINESS?

QUESTION 2: WHICH OF THESE IS AN ASSET?

QUESTION 3: HOW IS A REAL ESTATE PROPERTY CONSIDERED?

QUESTION 4: WHY IS IT IMPORTANT TO HAVE A POSITIVE BALANCE SHEET BEFORE STARTING A BUSINESS?

QUESTION 5: SHOULD YOU INCLUDE YOUR SALARY IN THE FINANCIAL PROJECTION?

QUESTION 6: WHAT DO YOU LOOK FOR WHEN RECORDING YOUR PERSONAL MONTHLY EXPENSES BEFORE STARTING A BUSINESS?

QUESTION 7: WHAT IS A FIXED LIABILITY?

QUESTION 8: WHAT IS A FIXED ASSET?

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