Which of the Following Statements About the Preparation of a Business

question 110

Multiple Choice

Which of the following statements about the preparation of a business plan is/are not true?

• A) Grammatical and spelling errors in a business plan don't really count since potential lenders and investors judge the quality of a plan by its content.
• B) The business plan should be "crisp," long enough to say what it should but not so long that it is a chore to read.
• C) Always include cash flow projections for the venture, in addition to projected income statements and balance sheets.
• D) Always tell the truth.