Franz Is Starting a Snowboard and Ski Shop

question 65

Multiple Choice

Franz is starting a snowboard and ski shop.He will need financing in order to stock the shop with sufficient equipment,clothing,and accessories for opening day.What kind of plan should Franz prepare?

• A) full marketing plan
• B) partial business plan
• C) full business plan
• D) partial marketing plan

---

Definitions:

Formal Account

An organized financial record of transactions over a period for an individual, company, or entity, maintained in a structured format.

Standard Account Form

A uniform format for presenting accounting information, typically including assets, liabilities, and equity sections.

Ledger

A book or digital record used to track all financial transactions and balances for a company's accounts.

Accounting Tool

Software or systems utilized by accountants or businesses to record, analyze, and report financial information.