Which of the following statements is true of entrepreneurs?
a. entrepreneurs generally start...
Which of the following statements is true of entrepreneurs?
a. entrepreneurs generally start their business with the of many employees who can take on all the day-to-day responsibilities.
b. entrepreneurs often work long hours and must take on the financial responsibilities of the business.
c. entrepreneurs usually work standard hours and only have some decision-making authority within the business.
d. entrepreneurs often have all the responsibilities of managers but rarely deal with legal/safety concerns.
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Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
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