Which of the Three Financial Statements an Entrepreneur Prepares Is

question 28

Multiple Choice

Which of the three financial statements an entrepreneur prepares is used to guide the day-to-day operations of the business?

• A) the cash flow statement
• B) the income statement
• C) the balance sheet
• D) tax returns

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Definitions:

Early Behaviourists

Psychologists or researchers in the early 20th century who focused on observable behaviors rather than internal processes, founding behaviorism.

Watson

John B. Watson, an American psychologist, established the psychological school of behaviorism, emphasizing the study of observable behavior.

Environmentalists

Individuals or groups who are concerned with the protection of the environment and advocate for practices that minimize harm to ecosystems.

Defence Mechanisms

Psychological strategies employed unconsciously to protect a person from anxiety-arising thoughts or feelings.