<?xml version="1.0" encoding="utf-8"?>
<catalog>
	<question>
		<phrase isaudiomp3="1" mp3="audio/1.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question6.jpg" mp3="audio/6.mp3" exercise_type="" questionmode="" choicemode="" answerbankid="" answerbankmode="" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[A business budget focuses on future profits and future capital requirements. A budget can help the business owner determine the amount of profit the business is expected to make, the amount of sales it will take to reach a goal, and what (1) ###### of expenses are attached to those sales. A business establishes a (2) ###### , a goal to work toward. A business (3) ###### the sales that will be needed to reach this target.<br>Projecting or planning ahead is part of (4) ###### business planning. When creating a (5) ###### income statement , a business owner tries to determine how to reach the (6) ###### target. The annual profit must be sufficient to (7) ###### the owner a return for his or her time spent operating the business, plus a return on the investment. The owner 's target income is the sum of a reasonable salary for the time spent running the business and a normal return on the amount invested in the firm. After projecting the income needed, the business owner has to (8) ###### the target profit into a net sales figure for the forecasted period. The owner has to determine whether this sales volume is (9) ######. One useful technique is to break down the required annual sales into a daily sales figure to get a better (10) ###### of the sales required to yield the annual profit.<br>At this stage in the financial plan, the owner should create a (11) ###### picture of the firm’s expected operating expenses. Many books and business organizations give (12) ###### operating statistics data, based on a percentage of net sales. The business’s accountant can help you assign dollar values to anticipated expenses.<br>Developing a projected income statement is an important part of any financial plan, as the process forces the business owner to examine the firm’s future profitability.]]></question>
		<answer isaudiomp3="1" picture="images/c0.jpg" mp3="audio/0.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/0.jpg" rationale="Correct." value="1" choicesay="level"><![CDATA[level]]></answer>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.jpg" rationale="Correct." value="1" choicesay="target"><![CDATA[target]]></answer>
		<answer isaudiomp3="1" picture="images/c2.jpg" mp3="audio/2.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/2.jpg" rationale="Correct." value="1" choicesay="forecasts"><![CDATA[forecasts]]></answer>
		<answer isaudiomp3="1" picture="images/c3.jpg" mp3="audio/3.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/3.jpg" rationale="Correct." value="1" choicesay="overall"><![CDATA[overall]]></answer>
		<answer isaudiomp3="1" picture="images/c4.jpg" mp3="audio/4.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/4.jpg" rationale="Correct." value="1" choicesay="projected"><![CDATA[projected]]></answer>
		<answer isaudiomp3="1" picture="images/c5.jpg" mp3="audio/5.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/5.jpg" rationale="Correct." value="1" choicesay="desired"><![CDATA[desired]]></answer>
		<answer isaudiomp3="1" picture="images/c6.jpg" mp3="audio/6.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/6.jpg" rationale="Correct." value="1" choicesay="yield"><![CDATA[yield]]></answer>
		<answer isaudiomp3="1" picture="images/c7.jpg" mp3="audio/7.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/7.jpg" rationale="Correct." value="1" choicesay="translate"><![CDATA[translate]]></answer>
		<answer isaudiomp3="1" picture="images/c8.jpg" mp3="audio/8.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/8.jpg" rationale="Correct." value="1" choicesay="realistic"><![CDATA[realistic]]></answer>
		<answer isaudiomp3="1" picture="images/c9.jpg" mp3="audio/9.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/9.jpg" rationale="Correct." value="1" choicesay="perspective"><![CDATA[perspective]]></answer>
		<answer isaudiomp3="1" picture="images/c10.jpg" mp3="audio/10.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/10.jpg" rationale="Correct." value="1" choicesay="detailed"><![CDATA[detailed]]></answer>
		<answer isaudiomp3="1" picture="images/c11.jpg" mp3="audio/11.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/11.jpg" rationale="Correct." value="1" choicesay="typical"><![CDATA[typical]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/1.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question1.jpg" mp3="audio/1.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[A business budget focuses on]]></question>
		<saythis><![CDATA[A business budget focuses on]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="A business budget focuses on"><![CDATA[A business budget focuses on]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/2.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question2.jpg" mp3="audio/2.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[future profits and future capital requirements.]]></question>
		<saythis><![CDATA[future profits and future capital requirements.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="future profits and future capital requirements"><![CDATA[future profits and future capital requirements.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/3.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question3.jpg" mp3="audio/3.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[A budget can help the business owner determine the]]></question>
		<saythis><![CDATA[A budget can help the business owner determine the]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="A budget can help the business owner determine the"><![CDATA[A budget can help the business owner determine the]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/4.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question4.jpg" mp3="audio/4.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[amount of profit the business is expected to make, the]]></question>
		<saythis><![CDATA[amount of profit the business is expected to make, the]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="amount of profit the business is expected to make the"><![CDATA[amount of profit the business is expected to make, the]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/5.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question5.jpg" mp3="audio/5.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[amount of sales it will take to reach a goal,]]></question>
		<saythis><![CDATA[amount of sales it will take to reach a goal,]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="amount of sales it will take to reach a goal"><![CDATA[amount of sales it will take to reach a goal,]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/6.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question6.jpg" mp3="audio/6.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[and what level of expenses are attached to those sales.]]></question>
		<saythis><![CDATA[and what level of expenses are attached to those sales.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="and what level of expenses are attached to those sales"><![CDATA[and what level of expenses are attached to those sales.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/7.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question7.jpg" mp3="audio/7.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[A business establishes a target]]></question>
		<saythis><![CDATA[A business establishes a target]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="A business establishes a target"><![CDATA[A business establishes a target]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/8.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question8.jpg" mp3="audio/8.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[, a goal to work toward.]]></question>
		<saythis><![CDATA[, a goal to work toward.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="a goal to work toward"><![CDATA[, a goal to work toward.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/9.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question9.jpg" mp3="audio/9.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[A business forecasts the sales that]]></question>
		<saythis><![CDATA[A business forecasts the sales that]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="A business forecasts the sales that"><![CDATA[A business forecasts the sales that]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/10.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question10.jpg" mp3="audio/10.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[will be needed to reach this target.]]></question>
		<saythis><![CDATA[will be needed to reach this target.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="will be needed to reach this target"><![CDATA[will be needed to reach this target.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/11.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question11.jpg" mp3="audio/11.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[Projecting or planning ahead is part of overall business planning.]]></question>
		<saythis><![CDATA[Projecting or planning ahead is part of overall business planning.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="Projecting or planning ahead is part of overall business planning"><![CDATA[Projecting or planning ahead is part of overall business planning.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/12.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question12.jpg" mp3="audio/12.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[When creating a projected income statement , a business]]></question>
		<saythis><![CDATA[When creating a projected income statement , a business]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="When creating a projected income statement  a business"><![CDATA[When creating a projected income statement , a business]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/13.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question13.jpg" mp3="audio/13.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[owner tries to determine how to reach the desired target.]]></question>
		<saythis><![CDATA[owner tries to determine how to reach the desired target.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="owner tries to determine how to reach the desired target"><![CDATA[owner tries to determine how to reach the desired target.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/14.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question14.jpg" mp3="audio/14.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[The annual profit must be sufficient]]></question>
		<saythis><![CDATA[The annual profit must be sufficient]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="The annual profit must be sufficient"><![CDATA[The annual profit must be sufficient]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/15.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question15.jpg" mp3="audio/15.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[to yield the owner a return for]]></question>
		<saythis><![CDATA[to yield the owner a return for]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="to yield the owner a return for"><![CDATA[to yield the owner a return for]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/16.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question16.jpg" mp3="audio/16.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[his or her time spent operating the]]></question>
		<saythis><![CDATA[his or her time spent operating the]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="his or her time spent operating the"><![CDATA[his or her time spent operating the]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/17.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question17.jpg" mp3="audio/17.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[business, plus a return on the investment.]]></question>
		<saythis><![CDATA[business, plus a return on the investment.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="business plus a return on the investment"><![CDATA[business, plus a return on the investment.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/18.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question18.jpg" mp3="audio/18.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[The owner 's target income is the]]></question>
		<saythis><![CDATA[The owner 's target income is the]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="The owner s target income is the"><![CDATA[The owner 's target income is the]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/19.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question19.jpg" mp3="audio/19.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[sum of a reasonable salary for the time]]></question>
		<saythis><![CDATA[sum of a reasonable salary for the time]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="sum of a reasonable salary for the time"><![CDATA[sum of a reasonable salary for the time]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/20.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question20.jpg" mp3="audio/20.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[spent running the business and a normal]]></question>
		<saythis><![CDATA[spent running the business and a normal]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="spent running the business and a normal"><![CDATA[spent running the business and a normal]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/21.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question21.jpg" mp3="audio/21.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[return on the amount invested in the firm.]]></question>
		<saythis><![CDATA[return on the amount invested in the firm.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="return on the amount invested in the firm"><![CDATA[return on the amount invested in the firm.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/22.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question22.jpg" mp3="audio/22.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[After projecting the income needed,]]></question>
		<saythis><![CDATA[After projecting the income needed,]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="After projecting the income needed"><![CDATA[After projecting the income needed,]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/23.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question23.jpg" mp3="audio/23.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[the business owner has to translate]]></question>
		<saythis><![CDATA[the business owner has to translate]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="the business owner has to translate"><![CDATA[the business owner has to translate]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/24.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question24.jpg" mp3="audio/24.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[the target profit into a net]]></question>
		<saythis><![CDATA[the target profit into a net]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="the target profit into a net"><![CDATA[the target profit into a net]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/25.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question25.jpg" mp3="audio/25.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[sales figure for the forecasted period.]]></question>
		<saythis><![CDATA[sales figure for the forecasted period.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="sales figure for the forecasted period"><![CDATA[sales figure for the forecasted period.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/26.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question26.jpg" mp3="audio/26.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[The owner has to determine]]></question>
		<saythis><![CDATA[The owner has to determine]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="The owner has to determine"><![CDATA[The owner has to determine]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/27.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question27.jpg" mp3="audio/27.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[whether this sales volume is realistic.]]></question>
		<saythis><![CDATA[whether this sales volume is realistic.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="whether this sales volume is realistic"><![CDATA[whether this sales volume is realistic.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/28.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question28.jpg" mp3="audio/28.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[One useful technique is to break down]]></question>
		<saythis><![CDATA[One useful technique is to break down]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="One useful technique is to break down"><![CDATA[One useful technique is to break down]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/29.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question29.jpg" mp3="audio/29.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[the required annual sales into a daily sales]]></question>
		<saythis><![CDATA[the required annual sales into a daily sales]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="the required annual sales into a daily sales"><![CDATA[the required annual sales into a daily sales]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/30.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question30.jpg" mp3="audio/30.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[figure to get a better perspective of]]></question>
		<saythis><![CDATA[figure to get a better perspective of]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="figure to get a better perspective of"><![CDATA[figure to get a better perspective of]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/31.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question31.jpg" mp3="audio/31.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[the sales required to yield the annual profit.]]></question>
		<saythis><![CDATA[the sales required to yield the annual profit.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="the sales required to yield the annual profit"><![CDATA[the sales required to yield the annual profit.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/32.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question32.jpg" mp3="audio/32.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[At this stage in the financial plan, the owner should]]></question>
		<saythis><![CDATA[At this stage in the financial plan, the owner should]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="At this stage in the financial plan the owner should"><![CDATA[At this stage in the financial plan, the owner should]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/33.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question33.jpg" mp3="audio/33.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[create a detailed picture of the firm’s expected operating expenses.]]></question>
		<saythis><![CDATA[create a detailed picture of the firm’s expected operating expenses.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="create a detailed picture of the firms expected operating expenses"><![CDATA[create a detailed picture of the firm’s expected operating expenses.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/34.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question34.jpg" mp3="audio/34.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[Many books and business organizations give typical operating]]></question>
		<saythis><![CDATA[Many books and business organizations give typical operating]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="Many books and business organizations give typical operating"><![CDATA[Many books and business organizations give typical operating]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/35.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question35.jpg" mp3="audio/35.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[statistics data, based on a percentage of net sales.]]></question>
		<saythis><![CDATA[statistics data, based on a percentage of net sales.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="statistics data based on a percentage of net sales"><![CDATA[statistics data, based on a percentage of net sales.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/36.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question36.jpg" mp3="audio/36.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[The business’s accountant can help you]]></question>
		<saythis><![CDATA[The business’s accountant can help you]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="The businesss accountant can help you"><![CDATA[The business’s accountant can help you]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/37.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question37.jpg" mp3="audio/37.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[assign dollar values to anticipated expenses.]]></question>
		<saythis><![CDATA[assign dollar values to anticipated expenses.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="assign dollar values to anticipated expenses"><![CDATA[assign dollar values to anticipated expenses.]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/38.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question38.jpg" mp3="audio/38.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[Developing a projected income statement is]]></question>
		<saythis><![CDATA[Developing a projected income statement is]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="Developing a projected income statement is"><![CDATA[Developing a projected income statement is]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/39.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question39.jpg" mp3="audio/39.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[an important part of any financial plan,]]></question>
		<saythis><![CDATA[an important part of any financial plan,]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="an important part of any financial plan"><![CDATA[an important part of any financial plan,]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/40.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question40.jpg" mp3="audio/40.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[as the process forces the business]]></question>
		<saythis><![CDATA[as the process forces the business]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="as the process forces the business"><![CDATA[as the process forces the business]]></answer>
	</question>
	<question>
		<phrase isaudiomp3="1" mp3="audio/41.0.mp3"></phrase>
		<question isaudiomp3="1" rationale="0" picture="images/question41.jpg" mp3="audio/41.mp3" exercise_type="say" questionmode="" choicemode="" answerbankid="" answerbankmode="hidden" rationalemode="" playonload="" mp3speed="" ttsspeed="" passage="1" show_passage="" show_passage_audioplayer="" passage_audio_type="" showvideo="" video="" enable_audio_recorder="" recorder_mode=""><![CDATA[owner to examine the firm’s future profitability.]]></question>
		<saythis><![CDATA[owner to examine the firm’s future profitability.]]></saythis>
		<answer isaudiomp3="1" picture="images/c1.jpg" mp3="audio/1.1.mp3" isrationalemp3="1" rationalemp3="audio/correct.mp3" rationaleimage="images/rationale/1.1.jpg" rationale="Correct." value="1" choicesay="owner to examine the firms future profitability"><![CDATA[owner to examine the firm’s future profitability.]]></answer>
	</question>
</catalog>