Haseem Owns a Small Business and Needs Assistance on a Variety

question 119

Multiple Choice

Haseem owns a small business and needs assistance on a variety of issues.The Small Business Administration (SBA) can help him by providing ________.

• A)an accountant
• B)a business incubator
• C)government procurement
• D)an advertising specialist

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Definitions:

Operations

Activities involved in the day-to-day running of a business for the purpose of producing value for the stakeholders.

Accounts Receivable

Money owed to a company by its customers for goods or services provided on credit.

Financing Activities

Transactions and events that affect long-term liabilities and equity of an entity, reflected in the cash flow statement.

Treasury Stock

Represents shares that were previously issued but have been bought back by the company and are held in its treasury.