The executive summary of a business plan presents a firm's history and its form of organization.
Answer the following statement true (T) or false (F)
False
Rationale: It is the company description (not the executive summary) that contains this information.
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The work sheet is one of the formal financial statements
Indicate whether the statement is true or false
Factors that may result in more restrictive underwriting decisions include which of the following? I. Inadequate rates. II. The unavailability of reinsurance at favorable terms
A) I only B) II only C) both I and II D) neither I nor II
Bonds that pay interest tied to the earnings of the company are known as ________ bonds
A) income B) exotic C) floating rate D) variable earnings
All of the following are considered types of business products EXCEPT:
A. raw materials. B. convenience goods C. major equipment D. accessory equipment E. component parts