Which of the Following Questions Should an Entrepreneur Ask When

question 4

Multiple Choice

Which of the following questions should an entrepreneur ask when a business plan is turned down?

• A)"That means you do not know how to evaluate a good plan?"
• B)"Can you identify friends who would like this kind of deal?"
• C)"If you were in my position, how would you proceed?"
• D)none of the above

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Definitions:

Bank Statement

A document provided by a bank that summarizes an account's transactions and balances over a specified period.

Outstanding Checks

Checks that have been written and recorded in accounting but not yet cleared or cashed by the bank.

Service Charge

An additional fee added to a customer's bill for the provision of certain services.

Bank Statement Balance

The total amount of money that is available in an individual's bank account at the end of a given period, according to the bank’s records.