A Canadian bank must cash your Government of Canada cheque for free, even if you’re not a customer. 

When managing your spending plan to reduce expenses, look at your ‘needs’ list and see if items can be moved to the ‘wants’ category. Then, ‘wants’ can be targeted for potential places to reduce spending and save money. Which example below is a reasonable way to move a ‘need’ to a ‘want’? 

When banking online, how can you tell if a text/email/call is a phishing scam? Provide 3 clues to identify it as suspicious and explain them (2 marks each).

The projections of a venture’s profits, asset and financing requirements, and cash flows are essential in determining whether a venture is economically viable.

The executive summary of a business plan presents a firm’s history and its form of organization.

Which of the following would be considered stakeholders in a business?

A business plan is a document that outlines the basic concept underlying a business—specifically, what problem will be solved—and describes how the entrepreneur will execute the plan to solve the problem.

Which of the following is NOT typically considered an investing activity?

Company B reports the following on its balance sheet: Cash: $100,000Accounts Receivable: $150,000Inventory: $200,000Accounts Payable: $175,000Short-term Debt: $125,000 What is Company B’s current ratio?

If a company’s stock is trading at $40.00 per share and its book value per share is $20.00, what is its Market-to-Book ratio?