Match the Term with Its Definition

question 91

Multiple Choice

Match the term with its definition.
-A personality that focuses on the business and providing results for the customer

• A)attractive small firm
• B)corporate refugee
• C)entrepreneur personality
• D)high-potential venture (gazelle)
• E)manager personality
• F)microbusiness
• G)niche market
• H)reluctant entrepreneur
• I)social entrepreneurship
• J)technician personality

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Definitions:

Subsidiary Loss

Financial losses incurred by a subsidiary, which may impact the financial position and results of the parent company.

Deferred Tax Liability

A tax obligation due in the future for income that has been recognized in the financial statements before it is taxable.

Inventory

The raw materials, work-in-process products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Accounts Payable

Liabilities of a business representing amounts owed to creditors for goods and services received but not yet paid for.