Which of the following is a drawback to financing with gift capital?

A. The amount of financing you can raise is limited by the amount of wealth you have personally, the amount of wealth your business owns, and your reputation.
B. It can be very difficult and expensive to turn into a source of capital.
C. You will be selling ownership in your business.
D. No foundations exist to specifically provide start-up or working capital funding.


Answer: D

Business

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Which of the following statements is true of states' police power?

A. Police power restricts states from regulating interstate commerce although it happens within their borders. B. The states are allowed to regulate army activities within their borders. C. The states are given the authority to enact laws that regulate the conduct of business within their borders. D. The police force of a state is controlled by the federal police department.

Business

In a periodic inventory system, ______.

a. inventory is monitored frequently between orders b. costs associated with purchasing and ordering can be minimized c. savings due to economies of scale are not available d. physical counting and ordering of replacement items occur at different times

Business

Which of the following is a potential benefit of a PMO?

A) repeatable, well-honed project management processes B) proven change management techniques C) post-project review procedures D) all of the above

Business

The Bureau of Labor Statistics reported that the average yearly income of dentists in the year 2012 was $110,000 . A sample of 81 dentists, which was taken in 2013, showed an average yearly income of $120,000 . Assume the standard deviation of the population of dentists's incomes in 2012 is $36,000

a. We want to test and determine if there has been a significant increase in the average yearly income of dentists. Provide the null and the alternative hypotheses. b. Compute the test statistic. c. Determine the p-value; and at a 5% level of significance, test the hypotheses.

Business