Salon Management State Board|| 60 QUESTIONS|| CORRECT ANSWERS|| LATEST UPDATE 2024
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Course
Salon Manager
Institution
Salon Manager
Social security falls under: - ANSWER Federal law
When one person owns a business it is called a: - ANSWER Sole proprietorship
Salon owners purchase insurance policies in order to protect themselves against: - ANSWER Malpractice suits
A business owned by more than one person is called a: -...
Salon Management State Board|| 60
QUESTIONS|| CORRECT ANSWERS|| LATEST
UPDATE 2024
Social security falls under: - ANSWER Federal law
When one person owns a business it is called a: - ANSWER Sole proprietorship
Salon owners purchase insurance policies in order to protect themselves against: - ANSWER Malpractice
suits
A business owned by more than one person is called a: - ANSWER Partnership
The legal agreement between a building owner and a renter is called a: - ANSWER Lease agreement
People who possess a partial ownership in a corporation through the purchase one or more stock
certificates are called: - ANSWER stockholders
When the rent increases in proportion to the increase in the leaser's property tax, the increase charge
for the space used is called a: - ANSWER Tax escalator
When two or more persons own a business that issues stocks, it is called a: - ANSWER Corporation
Insurance that covers injury related accidents to a patron is called: - ANSWER Malpractice insurance
The person granting the use of a building or space is called the: - ANSWER Leaser or landlord
Lessees may be referred to as the: - ANSWER Tenants
, A written description of items that the landlord agrees to give at no charge as a part of the lease are
called: - ANSWER Amendments
The loss of a salon's time and income may be reduced "significantly" by maintaining an accurate: -
ANSWER Appointment book
To insure proper telephone conversation, your pronunciation should be: - ANSWER Clear and Precise
Assigning a well-trained person to handle telephone calls is evidence of: - ANSWER good planning
Each partner in a partnership assumes: - ANSWER unlimited liability
Maintaining a good record keeping system is NOT essential for good business administration? - ANSWER
False
Insurance policies are purchased to protect against suits for: - ANSWER malpractice
A very difficult and important telephone duty during business hours is to answer "personal" calls? -
ANSWER false
A considerable amount of planning is necessary to lay out the salon in order to achieve maximum use
and: - ANSWER efficiency
Smooth salon operation depends on: - ANSWER efficient management
Accurate daily records permit the evaluation of: - ANSWER Business progress, employee payroll, and
taxes collected.
Spotting business trends are made possible by an analysis of: - ANSWER Business records
The most limited personal liability for loss is characteristic of the: - ANSWER corporation
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