The First Two Requirements of a Sound Business Model Are

question 76

Multiple Choice

The first two requirements of a sound business model are:

• A)generate revenues,make profits
• B)make profits,produce free cash flows
• C)produce free cash flows for creditors and owners of the venture
• Generate revenues and produce free cash flows

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Definitions:

Record Of A Deposit

Documentation that confirms the placement of money or other valuable goods into a bank account or safekeeping.

Deposit Slip

A paper that goes with a bank deposit, listing the cash and/or checks amount being put into the bank.

Customer

An individual or entity that purchases goods or services from a business.

Bank Statement

A document issued by a bank that summarizes an account holder's transactions and financial activity over a specified period.