Crowdfunding Allows a Business Greater Access to a Pool of Investors

question 27

True/False

Crowdfunding allows a business greater access to a pool of investors.

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Definitions:

Direct Labor Rate

The cost per labor-hour of the workers directly involved in the manufacturing or production process.

Fringe Benefits

Fringe benefits are additional compensation provided to employees beyond their normal wages, including health insurance, retirement plans, and paid time off.

Contribution Margin

Represents the amount of revenue remaining after deducting variable costs, contributing towards covering fixed costs and generating profit.

Production Capacity

The maximum volume of products or services a company can produce under normal working conditions.