When Comparing Various Types of Small Businesses,the Firms That Are

question 90

Multiple Choice

When comparing various types of small businesses,the firms that are easiest to start tend to be those that:

• A)offer the greatest security.
• B)involve professional services,such as dentistry or veterinary medicine.
• C)have the highest failure rates.
• D)have the greatest prospect of long-term growth.

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Definitions:

Create Icon

A graphical symbol or button used in software or websites to initiate the creation of a new item or file.

Assets

Economic resources or valuable items owned by a person or company that are expected to provide future benefits.

Debits

An accounting term representing an entry on the left side of an account ledger, indicating increases in assets or expenses.

Credits

Accounting entries that represent an increase in liabilities or equity, or a decrease in assets, typically reflecting income or gains.