This section consists of TEN (10) statements. Each statement is worth one (1) mark. You are required to indicate which of the statements are true or false.

	Statement	True	False
1.1	A project that is simply too expensive and which doesnt offer sufficient economic benefits is not feasible.	True	False
1.2	Entrepreneurial financial planning is done at start-up and never again in the life of the business.	True	False
1.3	Internal risks can be controlled through effective planning.	True	False
1.4	A major difference between a feasibility study and a business plan is that the former is about planning and the latter about researching.	True	False
1.5	The preliminary analysis step is only surface deep, and issues not seen before may come up later during the actual feasibility study.	True	False
1.6	Step 5 in the feasibility study is reviewing your research and presenting your findings to the project stakeholders.	True	False
1.7	Step 2 in the feasibility study involves perform market research.	True	False

1.8	Entrepreneurs should prepare financial plans to enable them to conceptualise how much cash they might be able to generate from their business.	True	False
1.9	A feasibility study is often outsourced to a third party, while a business plan is done in-house.	True	False
1.10	A feasibility study highlights problems and makes recommendations, while a business plan outlines the steps to implement the decisions made.	True	False