One Reason We Have Seen Continued Growth in Home-Based Businesses

question 287

Multiple Choice

One reason we have seen continued growth in home-based businesses is:

• A)the location offers a more secure operational environment.
• B)affordable computer and information technology makes it easier to compete.
• C)people need something to do while they wait to return to work for a large corporation.
• D)it is less risky to start a home-based business than other types of entrepreneurial ventures.

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Definitions:

Fair Value

An estimate of the price at which an asset or liability could be traded in a fair transaction between willing parties.

Profits and Losses

It refers to the financial result of a company's operations, indicating the difference between its revenues and expenses.

Billable Hours

The amount of time spent on specific tasks or projects that can be charged to clients, typically used in professional services firms.