All of the Following Are Common Sources of Equity for New

question 109

Multiple Choice

All of the following are common sources of equity for new ventures except

• A) banks.
• B) personal savings.
• C) love money.
• D) private investors.
• E) venture capitalists.

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels.

Revenue Variances

The difference between actual revenue and budgeted or expected revenue, analyzed to understand and manage financial performance.

Spending Variances

Spending variances are the differences between the actual amount spent and the budgeted or planned amount, often analyzed to control and manage expenses better.

Activity Variance

The difference between the budgeted cost for an activity level and the actual cost incurred, indicating deviations from planned performance.