Which of the Following Is a Reason Behind the Failure

question 88

Multiple Choice

Which of the following is a reason behind the failure of small businesses?

• A)Overcapitalization
• B)Reputation
• C)Managerial experience
• D)Poor business concept
• E)High costs of start-up

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Definitions:

Responsibility Accounting

A system of accounting that segments financial information by areas of responsibility, allowing managers to be held accountable for their areas' financial performance.

Not-for-Profit Entities

Organizations that operate for purposes other than making a profit, often focusing on social, educational, or charitable endeavors.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenues.

Responsibility Center

A unit within an organization, such as a department or division, accountable for controlling costs, generating revenues, or managing assets.