Jacob and Molly Decide to Start a New Cake-Decorating Business

question 144

Multiple Choice

Jacob and Molly decide to start a new cake-decorating business. They each contribute $10,000 to get the business off the ground. This money is considered

• A) sales revenue.
• B) long-term debt.
• C) equity capital.
• D) short-term financing.
• E) cash flow.

---

Definitions:

Intelligence Tests

Standardized tests designed to measure and assess an individual's intellectual capabilities and potential.

Predictive Validity

The extent to which a score or measurement can accurately predict future performance on a related task or outcome.

Aptitude Test

A standardized test designed to measure an individual's potential to develop skills or acquire knowledge.

Criterion Behavior

Specific behaviors that a psychological or educational assessment aims to measure or understand.