Which of the Following Is Not a Characteristic of Entrepreneurs

question 27

Multiple Choice

Which of the following is not a characteristic of entrepreneurs:

• A) Self-starters
• B) Lethargic
• C) Optimists
• D) Perseverant

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Definitions:

Bad Debt Expense

An expense reported by businesses to cover accounts receivable that are unlikely to be collected.

Adjusting Entry

Journal entries made in the accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Written Instrument

A legal document delineating rights, duties, or liabilities, often used in financial and property transactions.

Formal

Pertains to actions, processes, or documents that are done in accordance with established or conventional rules.