After Personal Savings, the Next Largest Source of Capital for Entrepreneurs

question 222

Multiple Choice

After personal savings, the next largest source of capital for entrepreneurs is from

• A) large multinational banks.
• B) the Small Business Administration.
• C) state and local governments.
• D) friends and family.

Calculate and report liabilities associated with governmental funds, specifically related to solid waste landfills.

Compare and contrast the Statement of Cash Flows for Proprietary Funds with that of a for-profit business.

Prepare financial statements for specific government operations and funds.

Understand and apply GASB Statement No. 87 in the context of leases for government entities.

---

Definitions:

Infant Amnesia

The phenomenon in which older children and adults are unable to recall memories from the first few years of life, theorized to be due to the development of the hippocampus and other memory-related brain structures.

Explicit Memory Tests

Assessments that measure the recall of specific information, requiring conscious effort to retrieve memories.

Implicit Memory Tests

Assessments designed to measure unconscious memory processes, often through the recall of learned skills or conditioned responses.

Amnesic Patients

Individuals who suffer from amnesia, a condition characterized by a noticeable and usually large deficits in memory.