Under the Guidance of the ____,Veteran Business Professors and Students

question 49

Multiple Choice

Under the guidance of the ____,veteran business professors and students seeking advanced degrees work with small business owners to help solve specific problems like shoplifting and ineffectual advertising.

• A) Active Corps of Executives (ACE)
• B) National Federation of Independent Businesses (NFIB)
• C) Small Business Development Center (SBDC)
• D) Small Business Institute (SBI)
• E) Service Corps of Retired Executives (SCORE)

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Definitions:

GAAP

Generally Accepted Accounting Principles, a framework of accounting standards, principles, and procedures from which financial statements are prepared in the United States.

Cumulative

Pertaining to an aggregate or total amount added up over time, often used in context with dividends that are accumulated if not paid out.

Noncumulative

A term often used in dividends policy, indicating that if a dividend is not paid out, it doesn't accumulate for future payment.

U.S. GAAP

United States Generally Accepted Accounting Principles, which constitute the framework of guidelines for financial accounting used in the US.