Which of the following is a disadvantage of a sole proprietorship?

Administrators at a university will charge students $150 to attend a seminar. It costs $3000 to reserve a room, hire an instructor, and bring in the equipment. Assume it costs $25 per student for the administrators to provide the course materials

How many students would have to register for the seminar for the university to break even? A) 18 B) 20 C) 24 D) 30

The cash budget is derived exclusively from the sales and production budgets

Indicate whether the statement is true or false