Which One of the Following Statements Is NOT True

question 56

Multiple Choice

Which one of the following statements is NOT true?

• A) The cost of venture capital funding is very high
• B) On average 1 in 10 business backed by venture capitalists prove successful.
• C) A typical venture capital fund may generate annual returns of 10 to 20 per cent on its investment.
• D) The sole function of a venture capitalist is to provide financing for new companies.

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Definitions:

PCM

Powertrain Control Module, an automotive component that integrates the control of the engine's ignition, fuel injection, and transmission systems.

BCM

Body Control Module, an electronic control unit in a vehicle that manages various functions such as interior lighting, door locks, and windows.

Scanning Tool

A device used in automotive diagnostics to read and clear trouble codes, monitor real-time data, and perform system tests.

Hydraulic System

A system using pressurized fluid to transfer force or motion, found in various machinery and vehicle brake systems.