If the Owner Plans to _____ a Business,he or She

question 35

Multiple Choice

If the owner plans to _____ a business,he or she should be removing all surplus cash and tightening the cash-to-cash cycle to the shortest time possible.

• A) transfer
• B) sell
• C) terminate
• D) start

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Definitions:

Peer Group

A social group whose members have interests, social position, and age in common.

Generation

A group of individuals, most often classified by their birth years, who experience similar cultural, social, and economic conditions at roughly the same stage in life.

Socialized

Refers to the process through which individuals learn the values, norms, and required behaviors of their society or group.

Inequity

A lack of fairness or justice in treatment, resources, and opportunities among members of a society.