Which of the Following Is Not an Important Reason for Preparing

question 12

Multiple Choice

Which of the following is not an important reason for preparing a business plan?

• A)To persuade investors to invest in your company
• B)To obtain financing from a bank
• C)To use as a yardstick by which you can measure your business' performance
• D)All of the above are reasons for preparing a business plan

---

Definitions:

Tuition

The fee paid for instruction or teaching, typically charged by educational institutions for course enrollment.

Meal Plan

A pre-paid account or arrangement typically offered by institutions like colleges that allows students to pay in advance for meals at on-campus dining facilities.

Lifetime Learning Credit

A tax credit available to individuals who pay higher education costs, aimed at promoting lifelong learning.

Qualifying Expenses

Specific expenses that meet IRS criteria for tax deductions or credits, such as educational or medical expenses.