A Suggested Allowance for Contingencies and Emergencies at Start-Up Is

question 9

Multiple Choice

A suggested allowance for contingencies and emergencies at start-up is ________ percent of estimated start-up costs, although more is better.

• A) 5
• B) 10
• C) 25
• D) 40

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Definitions:

Equitable Policy

A policy designed to ensure fairness and justice within the procedures, processes, and distribution of resources in an organization or society.

Moral Code

A set of guiding principles or values that dictate what is considered right or wrong behavior within a society.

Ethical Behaviour

The practice of conducting oneself in accordance with recognized moral principles and standards, often guiding decision making and interactions.

Legal Behaviour

Actions that conform to the laws and regulations of a given society or community.