Upon Reading a Business Plan,all of the Following Should Be

question 15

Multiple Choice

Upon reading a business plan,all of the following should be apparent,EXCEPT:

• A) who the customer is
• B) why the business will be successful in reaching these customers
• C) how the business will reach venture capitalist
• D) what it will take (in terms of resources) to get the job done
• E) why someone would believe in the management team

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Definitions:

Professional

An individual who has specialized skills, knowledge, and expertise in a particular field or occupation, typically acquired through education and training.

Generally Accepted Auditing Standards (GAAS)

The principles auditors must adhere to while conducting audits on companies' financial statements.

Professional Care

The provision of services that meet the standards of practice within a specific profession, particularly in healthcare, legal, or financial services.

Auditor

A professional who examines and evaluates the financial statements of an entity to ensure accuracy and compliance with accounting standards.