Owner Financing, Sweat Equity, and Minimization of the Accounts Receivable

question 68

Multiple Choice

Owner financing, sweat equity, and minimization of the accounts receivable are the different types of:

• A)bootstrapping.
• B)venture capital financing.
• C)angel funding.
• D)hedge funding.
• E)crowd funding.

---

Definitions:

Administrative Expenses

Costs related to the general operation of a business that aren't directly tied to a specific project or product.

Indirect Cost

Expenses not directly tied to the production of goods or services, such as office supplies, utilities, and administrative salaries.

Bankruptcy

A legal proceeding involving a person or business that is unable to repay their outstanding debts, leading to a reorganization or elimination of debt under the laws of bankruptcy.

Key Employees

Employees considered crucial to the operation and success of a business due to their skills, knowledge, or roles.