Which of the Following Is True of Financing Small Businesses

question 68

Multiple Choice

Which of the following is true of financing small businesses?

• A) There are several resources available for financing start-ups.
• B) Funding is only important when a business is just starting.
• C) A business has fixed financial goals in all stages of its development.
• D) The most popular source of financing for start-ups is from commercial banks.

---

Definitions:

Carving

A sculptural technique in which the artist cuts away material (for example, from a stone block) in order to create a statue or a relief.

Drilling

The process of creating holes or removing material using a drill bit and a drilling machine, applied in various contexts from manufacturing to construction.

Communication Systems

Networks or processes by which information is exchanged among individuals or groups, especially within an organization.

Upward Systems

Systems or processes designed to facilitate the flow of information from lower levels of an organization to higher levels.