An Entrepreneur Is a Person Who Forms and Operates a Business

question 48

True/False

An entrepreneur is a person who forms and operates a business.

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Definitions:

Trading Securities

Investments in debt or equity securities that a company plans to actively buy and sell for profit in the near term.

Short-term Profits

Short-term profits are the earnings a company generates over a brief period, often emphasizing immediate financial performance rather than long-term sustainability.

Market Price

The contemporary selling or buying price for a service or asset.

Valuation Allowance

A reserve created against deferred tax assets that may not be realized, reflecting a reduction in the assets' carrying value on the balance sheet.