Complete the Following Sentence.Entrepreneurship Is

question 54

Multiple Choice

Complete the following sentence.Entrepreneurship is

• A)the human resource that organizes labour, land and capital.
• B)traded on the stock market.
• C)categorized as capital.
• D)defined as money.
• E)categorized as the factor of production labour.

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Definitions:

Fixed Manufacturing

Costs associated with manufacturing that remain constant, regardless of the level of production, such as rent, salaries, and equipment depreciation.

Flexible Budget

A budget that adjusts or varies with changes in volume or activity, providing a valuable tool for performance evaluation.

Master Budget

A master budget integrates various financial plans and forecasts of a company, serving as a comprehensive financial framework for the upcoming fiscal period.

Direct Materials

Basic materials that can be directly linked to the creation of a product and are essential components of the end product.