Which of the Following Statements Is True About Small Business

question 49

Multiple Choice

Which of the following statements is true about Small Business Administration (SBA) ?

• A) It is the most comprehensive source of export opportunities information.
• B) SBA is a private organization managed by leaders of large corporate.
• C) The SBA employs trade officers throughout the United States.
• D) SBA offers help exclusively to small businesses that sell products within U.S.
• The SBA employs 76 district international trade officers and 10 regional international trade officers throughout the United States as well as a 10-person international trade staff in Washington,

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Definitions:

Account Payable

Liabilities or amounts owed by a business to its creditors or suppliers for goods and services received but not yet paid for.

Liabilities

Financial obligations or debts that a company owes to others, which are due to be paid in the future.

Total Assets

The sum of all assets owned by a company, including both current and non-current assets, representing the total resources the company has at its disposal.

Stockholders' Equity

Refers to the residual interest in the assets of a corporation after deducting its liabilities.