Page 109 - THE CARIBBEAN ADVANCED PROFICIENCY EXAMINATIONS

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26. The financial statement that shows the 30. Which of the following is NOT a key
value of an organization‟s assets, aspect of the feasibility analysis for a
liabilities and owner‟s equity is the new venture?

(A) cash budget (A) Time
(B) balance sheet (B) Culture
(C) income statement (C) Finance
(D) cash flow statement (D) Employment

27. Which of the following is a saving and 31. The MOST appropriate form of
investment option? financing during the rapid growth stage
of a venture is
(A) Cash
(B) Inventory
(C) Raw materials (A) first-round financing
(D) Fixed deposits (B) start-up or seed financing
(C) public and seasoned financing
(D) second-round or mezzanine
28. To create a successful, new product a financing
company MUST understand the
customers, the market, competitors and

(A) develop a great advertising 32. During which stage of a venture‟s life
campaign cycle may first-round external financing
(B) have a strong website to push be utilized?
the product
(C) adopt a push rather than pull (A) Survival
promotional concept (B) Maturity
(D) develop products that deliver
superior value to customers (C) Start-up
(D) Rapid growth

29. Patrick is a novice entrepreneur. He has
to prepare a business model for his
business plan. Which of the following
components of the business model will
determine for whom he has to create
value?

(A) Beneficiary
(B) Value proposition
(C) Income generation
(D) Product differentiation

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02224010/SPEC 2013