Which of the Following Is Not a Reason for a Firm

question 55

Multiple Choice

Which of the following is not a reason for a firm to go public?

• A)Founders who are no longer actively involved in the company can cash out.
• B)Increased access to financing options.
• C)Decreased reporting regulations for public companies.
• D)Greater access to larger markets.

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Definitions:

Freight Order Billing

The process of issuing invoices for the transportation services provided for shipping goods, based on agreed terms such as weight, distance, and type of goods.

Purchase Order

A document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

Receiving Report

A document used by a company to record the receipt of purchased goods, verifying that the goods have been delivered as per the purchase order.

Invoice

A document issued by a seller to a buyer, detailing products or services provided, amounts owed, and payment terms.