Robin Has Started Her Own Internet Consulting Firm

question 101

True/False

Robin has started her own Internet consulting firm.While she recognizes the risks involved in operating a business,she is still willing to invest her time,effort,and money in hopes of earning a profit.Robin is an example of an entrepreneur.

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Definitions:

Services

Economic activities offered by one party to another, often involving professional skill, advice, or the performance of tasks in exchange for compensation.

Future Amount

The value of a current asset or amount of money at a specified date in the future, based on expected growth or interest rates.

Accrued Liability

Expenses that have been incurred but not yet paid for, recognized in the financial statements under the accrual basis of accounting.