Which of the Following Is Not an Entrepreneurial Trait

question 1

Multiple Choice

Which of the following is not an entrepreneurial trait?

• A) Independence
• B) Flexibility
• C) Innovativeness
• D) Teamplayer

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Definitions:

Uncollectible Receivables

Accounts receivable that cannot be collected from customers, often recognized as a bad debt expense.

Net Realizable Value

The estimated selling price of goods, minus the cost of their sale or disposal.

Allowance

In accounting, a reduction from the gross amount of receivables to reflect the estimated uncollectible amounts; in budgeting, an allocated amount for specific expenses.

Doubtful Accounts

Accounts receivable that a company does not expect to collect in full, often leading to an allowance for doubtful accounts as a contra asset on the balance sheet.