Even If the Venture Capital Does Not Come Through, What

question 80

Multiple Choice

Even if the venture capital does not come through, what can be gained from the relationship?

• A)the relationship can lead to future funding or additional funding contacts
• B)you will discover the skeletons in your closet
• C)you will gain valuable experience
• D)you will learn how to prepare a better portrait of your company

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Definitions:

Uncollectible Accounts

Amounts owed to a company that it does not expect to collect due to customers being unable or unwilling to pay.

Allowance for Doubtful Accounts

An accounting provision made for receivables which may not be collectible.

Liability Account

An accounting record that reflects obligations or amounts owed to others, representing claims against the company's assets.

Investments Section

A portion of a financial statement or report that enumerates an entity's investments in other companies, bonds, stocks, or other financial assets.