Which of the Following Is the Main Component of a Business

question 40

Multiple Choice

Which of the following is the main component of a business model?

• A) The revenue model
• B) The net income model
• C) The cost model
• D) The cash flow mode
• E) Both A and C

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Definitions:

Depositor

An individual or entity that places money into a bank account, trusting the bank for safekeeping and potentially earning interest.

Teller's Check

A check drawn by a bank on its own funds and signed by a teller, representing a guarantee of payment, often used in transactions requiring secure funds.

Drawer

The party in a transaction who writes a check or draft, instructing the bank to pay a specified amount of money from the drawer's account.

Drawee

A drawee is the party directed by the depositor to pay a certain amount to the person presenting the check or draft.