Erin Developed a New Type of Exercise Equipment She Calls

question 90

Multiple Choice

Erin developed a new type of exercise equipment she calls the Tush N' Tone.After unsuccessfully searching for potential investors,she arranged a personal loan and borrowed additional money from her parents.Her willingness to continue believing in her idea and remain enthusiastic shows that Erin is:

• A)characteristically self-nurturing.
• B)better suited to managing a nonprofit organization.
• C)unaware of the risks she was taking.
• D)not a true entrepreneur.

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Definitions:

Account Number

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A systematic list of all account titles and numbers being used by an organization to organize financial statement information.

Business

A business or company involved in commercial, industrial, or professional operations.

Chart Of Accounts

A systematic list of accounts used by a business to categorize financial transactions.