Complete the Following Using the Terms Listed Below

question 144

Multiple Choice

Complete the following using the terms listed below.
-______ is the initial funding needed to launch a new venture.

• A)lifestyle entrepreneur.
• B)globalization
• C)angel investor
• D)enterprise zone
• E)debt financing.
• F)internal locus of control.
• G)debt financing
• H)classic entrepreneur
• I)social entrepreneur
• J)seed capital
• K)venture capitalist
• L)intrapreneurship
• M)urban reserve
• N)information technology

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Definitions:

Estimated Total

A projection or approximation of the total value, quantity, or extent of something.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products or job orders, calculated before the period begins based on estimated costs and activity levels.

Direct Labor-hour

The sum of hours clocked by workers directly engaged in the production process.

Predetermined Overhead Rate

A rate calculated before a period begins, used to allocate estimated overhead costs to specific activities based on a chosen base.