Describe how an entrepreneur should protect his/her financial records
What will be an ideal response?
Always keep a copy of your financial records in a location separate from your business. If you are using software, backup your data and keep the CD in a different location. At the end of each month, move your new receipts and invoices to this location. This way if anything happens to your journal or your business site, you will still have your financial records.
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The difficulty in classifying consumers by a given demographic and lifestyle profile is recognized in which of these categories?
a. consumer sophistication and confidence b. gender roles c. component lifestyles d. poverty of time
The Uniform Commercial Code (UCC) signature requirement indicates that a negotiable instrument must be signed by ________
A) a witness B) the maker or drawer C) the drawee D) the financee