An Entrepreneur Only Requires Enough Cash to Cover Needs Under

question 34

True/False

An entrepreneur only requires enough cash to cover needs under the most likely scenario he/she has forecasted.
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Definitions:

Pessimistic Attitude

A mindset inclined towards expecting the worst possible outcomes or focusing on the negatives in any situation.

Positive Thinking

A mental attitude focusing on the bright side of life and expecting positive results.

Cognitive Theories

Psychological theories emphasizing mental processes such as perception, memory, and problem-solving as sources of understanding behavior and mental state.

Negative Thinking

A cognitive process characterized by pessimistic attitudes and expectations about oneself or the world.