Which of the Following Is a Mistake That a Writer

question 63

Multiple Choice

Which of the following is a mistake that a writer of a good business plan should avoid?

• A) being overly optimistic
• B) understating profits
• C) understating expenses
• D) using the most current information available

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Definitions:

Fourteenth Amendment

An amendment to the U.S. Constitution, ratified in 1868, granting citizenship to all persons born or naturalized in the United States and guaranteeing all citizens equal protection of the laws.

Carpetbagger

A derogatory term originally used to describe Northerners who moved to the South after the American Civil War to profit from the Reconstruction.

Maine

The northeasternmost state in the United States, known for its scenic coastlines, lighthouses, and as a major producer of lobsters.

South

A region in the United States characterized by its unique cultural, historical, and economic attributes, often distinguished by its geographic location below the Mason-Dixon line.