Which of the Following Is NOT a Symptom of Potential

question 89

Multiple Choice

Which of the following is NOT a symptom of potential small business failure?

• A)The owner is ignoring the warning signs that the business is at risk.
• B)The owner is attributing business problems to the wrong reasons.
• C)The owner lacks college-level business training.
• D)The owner does not appear to be in control of the business.

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Definitions:

Purchasing Department

A division within a company responsible for acquiring goods and services needed for business operations.

Expense Allocation

The process of distributing costs among different departments, projects, or segments within an organization.

Direct Expenses

Expenses that can be directly traced to producing specific goods or services, such as raw materials and labor costs.

Cash Conversion Cycle

The length of time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.