Starting a Business from Scratch May Be Chosen by an Entrepreneur

question 18

Multiple Choice

Starting a business from scratch may be chosen by an entrepreneur because

• A)it provides a sense of satisfaction
• B)it is the most likely strategy to lead to success
• C)customers are often sympathetic to such start ups
• D)there is lots of government funding for this strategy

---

Definitions:

Bond Investment

The act of investing in bonds, which are debt securities issued by entities to raise capital, offering fixed income over time.

Unrealized Gains

Increases in the value of an asset that has not been sold, and therefore, the gains are not yet realized as income.

Statement Of Cash Flows

A financial statement showing the cash inflows and outflows from a company's operating, investing, and financing activities over a period.

Indirect Method

A financial reporting approach used in cash flow statements to reconcile net income with cash flow from operating activities by adjusting for non-cash transactions.