Events Often Fall into Two Operational Styles

question 8

Multiple Choice

Events often fall into two operational styles:

• A)international or national.
• B)Mixed- or single-style operations.
• C)small or mega.
• D)volunteer or professional.

---

Definitions:

Annual Cash Flows

The total cash that is generated and used by a business in one fiscal year.

Required Rate

This is often referred to as the minimum acceptable return on an investment, set by investors or managers.

Payback

The amount of time it takes for an investment to generate an amount of income or cash flow to recover its initial cost.

Annual Cash Flows

The total amount of money being transferred in and out of a business, measured yearly.