In Terms of Willingness to Assume Risks, Entrepreneurs Show

question 83

Multiple Choice

In terms of willingness to assume risks, entrepreneurs show

• A) low risk-taking propensity.
• B) moderate risk-taking propensity.
• C) high risk-taking propensity.
• D) extremely high risk-taking propensity.

---

Definitions:

Accounts Payable

The total sum a business must pay to its suppliers or creditors for products and services obtained on credit.

Inventory

Goods and materials that a business holds for the ultimate goal of resale, production, or utilization in manufacturing.

Receivable Turnover

A financial metric indicating how efficiently a company collects revenue from its credit customers by measuring the number of times average accounts receivable are collected during a period.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.