Which of the Following Statements Best Describes How Entrepreneurs View

question 104

Multiple Choice

Which of the following statements best describes how entrepreneurs view failure?

• A)They enjoy risk and gambling.
• B)They don't worry about failing because something better always comes along.
• C)They view failure as a learning experience.
• D)They worry that if they fail they'll never get another opportunity.

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Definitions:

Cash Payments

Outflows of cash from a company to settle debts, purchase goods or services, or make investments.

Cash Account

An account recording the amounts of cash received and paid out in transactions.

Credit

A financial term denoting the provision of money, goods, or services with the expectation of future payment.

Consuming Goods

The action of using up goods or products, thereby reducing inventory.