An in the News Article Is Titled "Where Do Start-Ups

question 1

Multiple Choice

An In the News article is titled "Where Do Start-ups Get Their Money?" Venture capital is important to an economy because it

• A)Slows the pace of innovation and economic growth.
• B)Increases the pace of innovation and economic growth.
• C)Slows the growth of technology,which serves as an important correction for the economy.
• D)Helps keep inefficient firms out of the industry.

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Definitions:

Uncollectible

Refers to accounts receivable or other debts that are considered unlikely to be collected and may be written off as a loss.

Cash Receipts

The total amount of money, including cash, checks, and credit card payments, received by a business during a specific period.

Authority and Responsibility

The granting of power to make decisions and the accountability that comes with those decisions within an organization.

Budgeted Cash Receipts

An estimation of the cash inflows that the organization anticipates receiving during a particular period, often as part of a budgeting process.