________ is the pursuit of lucrative opportunities by enterprising individuals under conditions of uncertainty.

A. Incubation
B. Sugging
C. Skunkworks
D. Entrepreneurship
E. Bootlegging


Answer: D

Business

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Process value analysis (PVA) identifies all activities of a production and/or assembly operation for the purpose of

a. preparing budgets based on activity centers. b. determining the value of the process. c. replacing cost drivers used in cost assignment analyses with activities. d. relating cost assignment to the activities that caused the cost to be incurred.

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Explain how the equity section of a balance sheet differs among sole proprietorships, partnerships and corporations.

What will be an ideal response?

Business

Thanks to new technologies ______.

a. products have longer life cycles b. products have shorter life cycles c. products are becoming way more expensive than they used to be d. products are becoming less useful than they used to be

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Super Chef Appliance Company allows Reba to take a set of kitchen appliances that she bought from Super Chef even though she has not paid the full price. Super Chef's legally sufficient financing statement in the goods need not include

A. a description of the collateral. B. a statement of the reason for allowing Reba to take the goods. C. Super Chef's name. D. Reba's name.

Business