The Amount of Capital That Entrepreneurs Need to Start Their

question 37

Multiple Choice

The amount of capital that entrepreneurs need to start their ventures depends mainly on______.

• A) the type of business
• B) the ambitions of the entrepreneur
• C) the location of the business
• D) the country of origin
• E) all of the above

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Definitions:

Define

means to clearly describe the nature, scope, or meaning of something.

Materiality

Materiality refers to the significance of information or facts that could influence decisions made by users, such as investors or shareholders; it is a key concept in accounting and auditing.

Misrepresentation

A false statement of fact made by one party to another party, which induces the latter party into a contract.

Concept

An abstract idea or a general notion that represents the fundamental characteristics of what it describes.