Match the Term with Its Definition

question 71

Multiple Choice

Match the term with its definition.
-A component of the business model that provides a framework for estimating a firm's cost of goods sold and operating expenses

• A)business model risk
• B)comprehensive plan
• C)cost structures
• D)executive summary (overview)
• E)exit strategy section
• F)key resource requirements
• G)management team section
• H)offering
• I)operations and development plan
• J)pivoting
• K)pro forma statements

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Definitions:

Disclaimer

A statement that denies responsibility or affiliation, typically used to limit legal liability.

Per Diem

A daily allowance for expenses, often provided to employees for the days they work away from the office or on business travel.

Accountants

Professionals who manage financial transactions, records, and statements for individuals or businesses, ensuring accuracy and compliance with legal requirements.

Human-Resources

The division of a business or organization that deals with hiring, training, and managing personnel.