To Run a Company Effectively, Which One of the Following

question 100

Multiple Choice

To run a company effectively, which one of the following might be a source from which management might acquire capital?

• A)Customers
• B)FASB
• C)Debt and equity investors
• D)Auditors

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Definitions:

Trade

The exchange of goods, services, or both, between parties, either within an economy or between economies.

Price

The amount of money expected, required, or given in payment for something, reflecting its value, cost of production, and market demand.

Produced

The act of creating, manufacturing, or bringing into existence goods and services.

Consumer Surplus

The disparity between what consumers are prepared and can afford to spend on a product or service compared to the actual amount they end up paying.