Financing through angel investors is a fairly common way for funding a start-up
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Angel investors are rare for most start-up business ideas.
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Which of the following statements is true?
A. In preparing a budget, information flows occur only from the bottom up. B. Employees often find that budgets are constraining and limiting. C. The attitudes and actions of upper-level management have little impact on the effectiveness of a company's budget. D. Participative budgeting means that a company's budget should be prepared by lower-level employees.
Credit approval policies are implemented by organizations primarily to accomplish which of the following objectives?
a. To determine revenue recognition policies. b. To ensure customer satisfaction. c. To prevent lapping by the accounts receivable department. d. To ensure the realization of receivables.
The greater the number of compounding periods within a year, then (1) the greater the future value of a lump sum investment at Time 0 and (2) the greater the present value of a given lump sum to be received at some future date.
Answer the following statement true (T) or false (F)
Before starting his presentation on the benefits of taxi services, Mark engages the listeners by asking them to imagine themselves driving in a drunken state. He goes on to ask them the possible outcomes that they can imagine. This exercise ensures that Mark gets the listeners' complete attention. In the given scenario, Mark uses _____ to open his presentation.
A. audience involvement B. statistics C. engaging questions D. a simile