Reducing Some of the Risk of Entrepreneurship and Building Confidence

question 33

Multiple Choice

Reducing some of the risk of entrepreneurship and building confidence can be achieved by ____.

• A)devoting time each day to quiet contemplation
• B)identifying a problem and solving it
• C)conducting a feasibility analysis
• D)becoming more observant
• E)using a personal network

---

Definitions:

Note Payable

A written promise to pay a specified amount of money, typically with interest, at a future date or dates.

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting, which may not coincide with the calendar year.

Quick Ratio

A liquidity measure that evaluates a company's ability to cover its current liabilities with its most liquid assets, excluding inventory.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of the business.