No Matter the Size of the Business, Finance Is a Critical

question 223

Multiple Choice

No matter the size of the business, finance is a critical activity for

• A) profit-seeking, but not for nonprofit organizations.
• B) profit-seeking and nonprofit organizations.
• C) nonprofit organizations, but not for profit-seeking businesses.
• D) accountants, but not for financial managers.

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Definitions:

Continuity

The unbroken and consistent existence or operation of something over a period of time.

Primary Sources

Original documents or evidence directly related to a topic, used in research to provide direct evidence about an historical period or topic.

Secondary Sources

Information sources that interpret, analyze, or summarize primary source data, commonly used in academic and legal research.

Synthesize

The process of combining different ideas, influences, or objects into a coherent whole, often used in the context of creating something new or solving problems.