A common mistake entrepreneurs make is ________

A) assuming that a market exists for their product or service
B) taking too much time to conduct planning and research
C) conducting informal research
D) conducting online research, which is too impersonal and does not yield accurate information

A

Business

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Just-in-time costing is also known as ________

A) job costing B) batch costing C) backflush costing D) process costing

Business

What is the term given to the amount of their own money owners have invested in the firm?

A. Debt B. Assets C. Liabilities D. Equity

Business