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BUNDLE OF FUNERAL HOME MANAGEMENT MIDTERM STUDY GUIDE (FSE 2202) EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

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BUNDLE OF FUNERAL HOME MANAGEMENT MIDTERM STUDY GUIDE (FSE 2202) EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

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FSE2202 FUNERAL HOME MANAGEMENT STUDY QUESTIONS LESSON 2.1 AND ANSWERS WITH COMPLETE SOLUTIONS

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FSE2202 FUNERAL HOME MANAGEMENT STUDY QUESTIONS LESSON 2.1 AND ANSWERS WITH COMPLETE SOLUTIONS List the 4 governance patterns of a family funeral home. 1. paper board 2. rubber-stamp board 3. advisory board 4. overseer board The business governance board which exists only on paper and never holds true meetings Paper Board The business governance board which exists and holds meetings, but only approves actions desired or completed by the manager of the funeral home. Rubber stamp board D...

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FSE2202 FUNERAL HOME MANAGEMENT STUDY QUESTIONS LESSON 2.3 AND ANSWERS WITH COMPLETE SOLUTIONS

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FSE2202 FUNERAL HOME MANAGEMENT STUDY QUESTIONS LESSON 2.3 AND ANSWERS WITH COMPLETE SOLUTIONS Who should be on your team of advisors to help you build or decide to buy an existing funeral home? 1. one who is in the funeral business or owns a funeral home that can give advice. 2. accountant 3. Attorney What must your secure before you can incorporate or hire new employees for your funeral home? Federal Tax ID - EIN List some expenses which the Small Business Administration link below su...

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FSE2202 FUNERAL HOME MANAGEMENT STUDY QUESTIONS LESSON 2.2 EXAM QUESTIONS AND ANSWERS VERIFIED

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FSE2202 FUNERAL HOME MANAGEMENT STUDY QUESTIONS LESSON 2.2 EXAM QUESTIONS AND ANSWERS VERIFIED The amount by which the total assets exceed the total liabilities of a business; an owner's financial interest in a business. Capital (net worth; owner's equity; proprietorship) Define Working Capital. Difference between current assets and current liabilities A formal written statement, which may be based upon adjusted historical data, of management's plans for the future expressed in fin...

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FSE2202 BUSINESS MANAGEMENT CHAPTER 8 STUDY GUIDE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS

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FSE2202 BUSINESS MANAGEMENT CHAPTER 7 STUDY GUIDE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

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FSE2202 BUSINESS MANAGEMENT CHAPTER 7 STUDY GUIDE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED What are the 4 functions of management •Planning •Organizing •Leading •Controlling Define each of the four functions of management •Planning - A management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives •Organizing - A management function that includes designing the structur...

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FSE 2202 BUSINESS MANAGEMENT CHAPTER 4 STUDY GUIDE QUESTIONS AND ANSWERS VERIFIED

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FSE 2202 BUSINESS MANAGEMENT CHAPTER 4 STUDY GUIDE QUESTIONS AND ANSWERS VERIFIED Define Ethics Standards of moral behavior that is behavior accepted by society as right versus wrong Is being ethical the same as being legal? No; Many Americans decided situationally whether its ok to steal, lie or drink and drive What are three questions you can ask yourself to determine the solution to an ethical dilemma? •Is my proposed action legal •Is it balanced •How will it make me feel about ...

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FUNERAL HOME MANAGEMENT MIDTERM STUDY GUIDE (FSE 2202) EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

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FUNERAL HOME MANAGEMENT MIDTERM STUDY GUIDE (FSE 2202) EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED A written document that states explicitly the rights and duties of partners in a partnership Articles of Partnership Define a sole proprietorship An individual conducting a business as an individual and sole owner Advantages of a partnership -Combined management, talent, capital -Easy to form -Efficiency of labor -Possibility of employees to buy into the business -Each p...

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FSE2202 FUNERAL HOME MANAGEMENT COMPEND QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

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FSE2202 FUNERAL HOME MANAGEMENT COMPEND QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED A business that makes finished goods from raw materials by hand or machinery is referred to as Manufacturing business A business that purchases finished goods for resale is referred to as a Merchandising business A particular business that provides a service as opposed to a product is referred to as a Service business An individual that assumes the risks associated with a new venture start-up ca...

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BUNDLE OF FSE 118 FINAL EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

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BUNDLE OF FSE 118 FINAL EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

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