Maude Is Considering Opening Her Own Business, Now That She

question 101

Multiple Choice

Maude is considering opening her own business, now that she has retired from her regular job. Her business idea is a reminder and shopping service, in which clients submit lists of birthdays, anniversaries and other important dates. Maude sends her clients reminders for those dates, and shops for special gifts at the client's request. She plans to do all of the work herself rather than hiring and managing additional employees. Maude's core competencies are most likely to include:

• A)An annual budget
• B)The ability to deduct business expenses on her tax return
• C)The first year's actual results
• D)Her knowledge of potential gifts and the local shops