Venture Capitalists

question 83

Multiple Choice

Venture capitalists:

• A) usually don't know one another.
• B) tend to put more time and effort into business plans that were referred to them.
• C) tend to invest in any area that has a good rate of return.
• D) like entrepreneurs to bring in an accountant to verify financials.

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Definitions:

Facility-sustaining Activities

Costs and activities associated with maintaining a manufacturing or production facility at an operational status, independent of the actual levels of production.

Batch-level Activities

Operations and tasks performed for a group of units produced as a single batch, costing is aggregated at the batch level.

ABC

Activity-Based Costing, a method of allocating costs to products or services based on the resources they consume.

Unused Capacity

Refers to the resources or capabilities within a business that are not currently being used to their full potential, which can lead to inefficiencies or lost income.