MATCHING Complete the Following Using the Terms Listed

question 23

Multiple Choice

MATCHING
Complete the following using the terms listed.
-Small businesses can buy equipment or operate a business using a _____.

• A)sole proprietorship
• B)small business
• C)C corporation
• D)merger
• E)acquisition
• F)horizontal merger
• G)conglomerate merger
• H)microloan
• I)vertical merger
• J)joint venture
• K)board of directors
• L)stockholder
• M)preferred stock
• N)Small Business Administration (SBA)

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Definitions:

Indirect Material

Materials used in the support of the production process but not directly a part of the finished product.

Period Cost

Costs that are expensed in the period in which they are incurred, not directly tied to the production of goods or services.

Goals Met

A term indicating the achievement of predefined objectives or targets.

Planning

The process of outlining business goals, strategies, and actions to achieve desired outcomes.