The Process of Finding Creative Ways to Support a Startup

question 121

Multiple Choice

The process of finding creative ways to support a startup business financially until it turns profitable is referred to as ________.

• A) creative financing
• B) bootstrapping
• C) start-up leveraging
• D) bootlegging

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Definitions:

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.

Accounting Principles

Fundamental guidelines or rules that govern the field of accounting and prescribe how financial transactions should be recorded and reported.

SEC Filings

Documents that publicly traded companies are required to submit to the U.S. Securities and Exchange Commission, providing comprehensive details about the company's financial performance and operations.

Revenue Recognition

An accounting principle that determines the specific conditions under which income becomes recognized as revenue.