What Makes an Entrepreneur Different from a Small Business Owner

question 4

Multiple Choice

What makes an entrepreneur different from a small business owner?

• A) motivation
• B) innovation
• C) time
• D) desire to make the business grow

---

Definitions:

Department

A specialized functional area within an organization that focuses on a specific set of tasks or responsibilities.

Cost Reconciliation

The process of analyzing and adjusting the differences between reported costs and actual costs to ensure accuracy in financial records.

Work in Process Inventory

The inventory account that represents goods that are in the process of being manufactured but are not yet complete.

Costs Added

The additional expenses incurred in the production process, including raw materials, labor, and overhead.