A Type of Visual Plan That Is Especially Useful for Identifying

question 67

Multiple Choice

A type of visual plan that is especially useful for identifying gaps in the business idea is called a ______.

• A)pitch deck
• B)Business Model Canvas
• C)Vivid Vision
• D)feasibility study

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Definitions:

Fair Value Adjustment

An accounting adjustment made to update the reported value of a financial asset or liability to its current market value or fair value.

Stock Investments Account

A financial account holding shares of stocks that represents ownership in companies.

Equity Method

An accounting technique used to record investments in associate companies, reflecting the investor's proportional share of the investee's net income or losses.

Cost Method

An accounting method in which the investment in common stock is recorded at cost, and revenue is recognized only when cash dividends are received.