Which of the following statements is true of a company's business plan?
A. It emphasizes operational planning more than strategic planning.
B. It is a money-raising tool to attract venture capitalists when the owner wants to assume more control over the company.
C. It provides a detailed design of activities to be carried to finance the business and market products.
D. It usually provides big entrepreneurs a greater chance of success than the small business owners.
Answer: C
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The method of reporting cash flows from operating activities under which income is adjusted for transactions impacting both net income and cash flows, but in different ways, is called the
a. direct method. b. indirect method. c. combination method. d. adjusted method.
Which of the following do we use to stress our differences in communication styles, and possibly, to ensure that we do not have lengthy conversations with people?
A. communication accommodation B. communication convergence C. conversation subvergence D. communication divergence
What are some ways in which psychological contracts can increase motivation?
What will be an ideal response?
For a manufacturing company, which of the following budgets does not have to be prepared before a budgeted income statement is prepared?
A) Budgeted cost of goods manufactured B) Budgeted cost of goods sold C) Budgeted balance sheet D) Sales budget