All of the Following Are Typically Part of a Venture

question 63

Multiple Choice

All of the following are typically part of a venture fund's typical compensation and incentive structure except

• A)some percent annual fee on invested capital
• B)a percent share of any profits to the managing general partner
• C)carried interest
• D)a salary for the general partners

Understand the evolution of software costs and factors influencing these changes.

Comprehend the concept and significance of open source software and open systems.

Know the functions performed by systems software and the role of operating systems.

Appreciate the advancements in user interface technologies, including NUIs and speech recognition.

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Definitions:

Credit Entry

An accounting entry that increases a liability or equity account, or decreases an asset or expense account, recorded on the right side of an account.

Asset Accounts

Accounts on a balance sheet that represent the resources owned by a company, which have value and can provide future benefits.

Common Stock

Equity ownership in a corporation, entitling holders to vote at shareholder meetings and to receive dividends.

T-account

A visual representation used in accounting to depict the debit and credit sides of an account.