Which of the Following Statements Is Correct

question 11

Multiple Choice

Which of the following statements is correct?

• A)the development stage occurs between the startup and survival stages of a venture's life cycle
• B)the early-maturity stage is the final stage of a new venture's life cycle
• C)firms typically begin to cover all expenses with internally generated funds during the survival stage
• D)during the startup stage, revenues grow much more rapidly than cash expenditures