After Years of Hearing About How Much He Hates His

question 11

Multiple Choice

After years of hearing about how much he hates his job at a grill and bar, Raja's friends all tell him he should strike out on his own and start his own restaurant. Raja is unsure, however, and needs some convincing. What is one truthful statement they might use to entice him into becoming an entrepreneur?

• A)Opening a restaurant is a great way to make a quick profit.
• B)If you own your own restaurant, you will never have to look for a job.
• C)Think of how satisfying it will feel to watch the restaurant grow in popularity.
• D)If you start the restaurant now, you will be able to retire before you are 30.
• E)Once you hire a few servers, you will be able to sit back and relax.

Classify assets correctly between current and non-current (plant, property, equipment).

Distinguish between current liabilities and other types of liabilities.

Define current assets and their characteristics.

Understand the different types of asset accounts and their classification.

---

Definitions:

Representation Activities

Actions undertaken by individuals or groups to act on behalf of others, typically in the context of labor unions representing their members.

Multiple Occupations

Having more than one job or role within a workplace, or across different industries or sectors.

Multiple Workplaces

Refers to employment arrangements where an individual or a group works in more than one location for a single employer.

National Union

A labor union that operates across an entire country, representing the interests of workers from specific industries or sectors on a national level.