No Matter What Way You Approach Raising Money for Your

question 14

Multiple Choice

No matter what way you approach raising money for your business, you will need a ________.

• A) written business plan
• B) family investment
• C) winning lottery ticket
• D) bank loan

---

Definitions:

Hedged Item

An asset, liability, firm commitment, or anticipated transaction identified by an entity to manage risks through hedging activities.

Cash Flow Hedge

A form of hedge accounting that aims to offset exposures to variability in cash flows, attributable to a particular risk associated with a recognized asset or liability.

Forward Contract

A financial contract between two parties to buy or sell an asset at a specified future time at a price agreed upon at the time of the contract.

Net Method

is an accounting method for recording purchases where the purchase is recorded at net of any trade discounts received.